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Utility measurements are: Multiple Choice a relative ranking of how much different people enjoy a particular good. used to compare one person's preference for a good to another person's preference. a relative ranking of the satisfaction a person gets from alternative combinations of things. None of these are true.

User Dfour
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1 Answer

2 votes

Answer:

a relative ranking of the satisfaction a person gets from alternative combinations of things.

Step-by-step explanation:

Utility measurement refers to a measurement of the utility

Here the utility means the satisfaction derives from consuming a product

Now the utility measurements is a satisfaction ranking that consumer gets after doing selection regarding various products available

Therefore according to the given situation, the third option is correct

User Kovaxis
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