Question on: JAMB Economics - 2012
Comparison of interpersonal utility is impossible because
A
utility is measured in utils
B
marginal utility is not observable
C
utility is subjectively determined
D
individual income differ
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Correct Option: A
Comparison of interpersonal utility is impossible because utility is subjectively determined. Each individual has unique preferences and experiences that influence their level of satisfaction. Therefore, there's no objective way to compare the utility one person derives from a good or service to the utility another person receives.
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