Information About Preferences Is Ordinal If

question 55

Multiple Choice

Information about preferences is ordinal if:

• A) the information tells us something about the intensity of the consumer's preferences.
• B) the information allows us to make comparisons between the preferences of different consumers.
• C) the information allows us to determine only whether one alternative is better or worse than another.
• D) the information allows us to make comparisons between the preference of the same consumer at different points in time.

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Definitions:

Label Designates

A tag or marker assigned to an item or concept for identification, categorization, or explanation, often used in scientific labeling or branding.

Accompanying Figure

A visual illustration or diagram provided alongside text in documents, presentations, or scientific research to support, explain, or clarify data or concepts mentioned.

Cone Scale

The woody or protective segment of a cone in coniferous plants, which bears the reproductive structures.

Ovules

The structure in seed plants that develops into a seed after fertilization, containing the female reproductive cells.