Utme 2017 Economics Question 22

Practice objective / multiple choice question 22 from the 2017 Utme Economics examination. This question covers Utility Theory .

Utme 2017 Economics Objective / Multiple Choice 2 Difficulty
Topic: Utility Theory
Question 22 UTME • 2017 • ECONOMICS • objective

Comparison of interpersonal utility is impossible because

Answer Options

Correct Answer A. utility is subjective
B. utility is measured in utils
C. individual incomes differ
D. marginal utility is not observable
Correct Answer
A
Correct Option:
utility is subjective

About This Question

This is Utme 2017 Economics Question 22. It is one of the objective questions from the 2017 Utme Economics examination.

The question covers Utility Theory .

Difficulty level: 2 .

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