Africa Exams
Where Preparation Meets Success
Home
Botswana
Botswana PSLE Papers
Botswana JCE Papers
Botswana BGCSE Papers
Ghana
Ghana BECE Exams
Kenya
Kenya KCPE Papers
Kenya KCSE Papers
Kenya KASNEB Papers
Nigeria
WAEC Exams
JAMB Exams
Rwanda
Rwanda Primary Papers
Rwanda Secondary Papers
Uganda
Uganda PLE Papers
Uganda UCE Papers
Uganda UACE Papers
Certifications
Technical
Cloud Tech Certifications
Security Tech Certifications
Management
IT Infrastructure
More
About
Contact Us
Our Apps
Privacy
+
-
Test Index
JAMB Economics 2015 Paper
Show Para
Hide Para
Share question:
© africaexams.com
Question : 29
Total: 70
The ordinalist approach of utility postulated that utility can be
Rank
Measurable
Rise
Fall
Validate
Solution:
The ordinalist approach explains that an individual can rank boundless of goods in order of preference with regard to the satisfaction they give him or her. Ordinalist approach is explained by means of different curves and budget lines.
© africaexams.com
Go to Question:
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
Prev Question
Next Question