No products in the cart.

  1. Homework Help
  2. CBSE
  3. Class 12
  4. Economics

Diference between cardinal and ordinal approach

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

Install Now
Diference between cardinal and ordinal approach

    • Posted by Kartikay Sharma 7 years ago

    CBSE > Class 12 > Economics
    • 1 answers

    Gaurav Seth 7 years ago

    <th>BASIS FOR COMPARISON</th> <th>CARDINAL UTILITY</th> <th>ORDINAL UTILITY</th>
    Meaning Cardinal utility is the utility wherein the satisfaction derived by the consumers from the consumption of good or service can be expressed numerically. Ordinal utility states that the satifaction which a consumer derives from the consumption of good or service cannot be expressed numerical units.
    Approach Quantitative Qualitative
    Realistic Less More
    Measurement Utils Ranks
    Analysis Marginal Utility Analysis Indifference Curve Analysis
    Promoted by Classical and Neo-classical Economists Modern Economists

    3Thank You

    ANSWER
    https://examin8.com Test

    Related Questions

    Industrial licensing was used to promote regional equality. Discuss

    • Posted by Niyati Garg 1 year, 5 months ago

    CBSE > Class 12 > Economics
    • 0 answers
    Economic Reforms Since 1991 notes

    • Posted by Dipika Sharma 1 year, 6 months ago

    CBSE > Class 12 > Economics
    • 0 answers
    Explain the limitation of GDP as wellfare

    • Posted by Naman Jain 1 year, 5 months ago

    CBSE > Class 12 > Economics
    • 1 answers
    why should the aggregate final expenditure of an economy be equal to the aggregate factor payment

    • Posted by Nandita Sharma 1 year, 6 months ago

    CBSE > Class 12 > Economics
    • 1 answers
    Is inclusive growth Achievable for a developing country like India when exposed to the process of privatisation and globalization

    • Posted by Niangmuankim Vaiphei 1 year, 5 months ago

    CBSE > Class 12 > Economics
    • 0 answers
    What is deficit ?

    • Posted by Sakshi Singh 5 months, 2 weeks ago

    CBSE > Class 12 > Economics
    • 1 answers
    Two types of marke diagram and explanation

    • Posted by Rijum Karlo 1 year, 6 months ago

    CBSE > Class 12 > Economics
    • 0 answers
    Trends in credit availability

    • Posted by Shruti Singh 1 year, 6 months ago

    CBSE > Class 12 > Economics
    • 0 answers
    What is receipt?

    • Posted by Geeta Gautam 1 year, 5 months ago

    CBSE > Class 12 > Economics
    • 0 answers
    Economics project on function of RBI

    • Posted by Mehar Ansari 1 year, 6 months ago

    CBSE > Class 12 > Economics
    • 0 answers

    myCBSEguide App

    myCBSEguide

    Trusted by 1 Crore+ Students

    Install Now

    Test Generator

    Test Generator

    Create papers online. It's FREE.

    Try Now

    CUET Mock Tests

    CUET Mock Tests

    75,000+ questions to practice only on myCBSEguide app

    Install Now
    Google Play

    Download myCBSEguide App

    All Courses

    Other Websites

    CBSE Courses

    Resources

    Corporate

    NCERT Solutions

    CBSE Sample Papers

    All Content and Intellectual Property is under Copyright Protection | myCBSEguide.com ©2007-2025