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    Microeconomics Study Set 29
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    Exam 6: Consumer Behaviour
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    Utility
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Utility

Question 20

Question 20

Multiple Choice

Utility


A) can be measured with the appropriate equipment.
B) is not real as we cannot measure it directly.
C) is very difficult to observe empirically.
D) is an objective measure of a good's value.
E) measures the common value of a good, independent of the individual.

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