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    Microeconomics Study Set 19
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    Exam 4: Principles and Preferences
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    In Modern Microeconomic Theory,utility Functions Summarize
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In Modern Microeconomic Theory,utility Functions Summarize

Question 9

Question 9

Multiple Choice

In modern microeconomic theory,utility functions summarize


A) Cardinal information about preferences
B) Ordinal information about preferences
C) Absolute information about preferences
D) Both cardinal and ordinal information about preferences

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