On which of the following assumptions, the theory of consumer behaviour on cardinal utility approach is NOT based? 

1. Consumer is rational

2. Limited money income of the consumer

3. Maximization of total satisfaction

4. Diminishing marginal utility of money 

1
1
2
2
3
3
4
4

Sponsored

hivanix.in

Visit

This quiz is brought to you by hivanix.in

🌐 Web App Development

Quick Navigation