According to the concept of ordinal utility _____________________.

It is possible to measure the utility

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It is possible to compare the utilities

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It is not possible to measure the utilities of two commodities

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None of these

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Solution

The correct option is C It is not possible to measure the utilities of two commodities
According to the concept of ordinal utility approach, it is impossible to measure utility in absolute terms and thus it cannot be compared. The reason for it being that it is a psychological phenomena. However a consumer can rank various combinations of goods and services according to his preference.

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