Marginal utility can be objectively measured and compared between one individual and another.

Name: Marginal utility can be objectively measured and compared between one individual and another.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Marginal utility is a subjective concept and varies from person to person. It cannot be objectively measured or compared between individuals as it is influenced by various individual factors like preferences, tastes, income, and many other personal circumstances.

Marginal Utility Can Be Objectively Measured and Compared Between One