what is the key assumption needed to show how one


What is the key assumption needed to show how one can construct a numerical utility function out of just a preference ordering? Don't just draw a picture; explain what the assumption means and apply it to show how to construct that numerical utility function.

Request for Solution File

Ask an Expert for Answer!!
Microeconomics: what is the key assumption needed to show how one
Reference No:- TGS0500168

Expected delivery within 24 Hours