Three students share an apartment. They are planning to buy a common television set and have decided to choose one among three different models through voting. Model A is the most expensive, Model B is neither too expensive nor too cheap, and Model C is the least expensive. The table below shows their respective preferences for each model.

-________analysis refers to the study of the prices of goods, services or jobs in terms of the prices of the characteristics that they embed.
A) Hedonic
B) Cost-benefit
C) Cardinal
D) Ordinal

Question

Three students share an apartment. They are planning to buy a common television set and have decided to choose one among three different models through voting. Model A is the most expensive, Model B is neither too expensive nor too cheap, and Model C is the least expensive. The table below shows their respective preferences for each model.
  
-________analysis refers to the study of the prices of goods, services or jobs in terms of the prices of the characteristics that they embed.
A) Hedonic 
B) Cost-benefit 
C) Cardinal 
D) Ordinal

Quizplus · Accepted Answer

The Answer is A

Three Students Share an Apartment