Three Students Share an Apartment

Multiple Choice

Three students share an apartment. They are planning to buy a common television set and have decided to choose one among three different models through voting. Model A is the most expensive, Model B is neither too expensive nor too cheap, and Model C is the least expensive. The table below shows their respective preferences for each model.

-________analysis refers to the study of the prices of goods, services or jobs in terms of the prices of the characteristics that they embed.

A) Hedonic
B) Cost-benefit
C) Cardinal
D) Ordinal