Being ______ utility varies with different persons:

CA Foundation · Business Economics · MTP · September 2024
Being ______ utility varies with different persons:
(A) A. Subjective
(B) B. Absolute
(C) C. Objective
(D) D. None of these

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. Subjective

Topics: Theory of Demand and Supply

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