A Big Concern with Trying to Measure Utility Is That

question 80

Multiple Choice

A big concern with trying to measure utility is that:

• A) individuals cannot place utility values on different goods and services.
• B) it is difficult to measure marginal utility.
• C) there is no distinction between utility for goods and utility for services.
• D) to measure utility, you need monetary values of the goods and services.
• E) each individual has a unique personal scale for her or his utility measures.

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