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Ranking is the method use in measuring

Ranking is the method use in measuring
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Marginal utility
  • B Ordinal utility
  • C Cardinal utility
  • D Total utility
Correct Answer: Option B
Explanation:
In ordinal utility, the satisfaction a consumer obtains after consuming various commodity cannot be measured in numbers, but can be ranked in order of preference.  ordinal utility uses rankings instead of values.

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