Mention two different approaches which explain consumer ? Short answer....
Dear student
Two different approaches are
1- cardinal approach
2- ordinal approach
Please follow the below link for the explanation
https://www.meritnation.com/cbse-class-12-commerce/economics/introductory-microeconomics/theory-of-consumer-behaviour/studymaterial/59_16_338_1981_5803
Regards
Two different approaches are
1- cardinal approach
2- ordinal approach
Please follow the below link for the explanation
https://www.meritnation.com/cbse-class-12-commerce/economics/introductory-microeconomics/theory-of-consumer-behaviour/studymaterial/59_16_338_1981_5803
Regards