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Yes, Examkits provides detailed video explanations for all JAMB past questions from 2000 to 2024, helping students understand how to solve each problem.

Examkits offers free practice for some subjects. However, full access requires a one-time affordable activation fee for each version of the app.

ECONOMICS

JAMB 2010 - Question 12

Economics 2010 JAMB Past Questions - Question 12: One of the assumptions of ordinal utility theory is that

Choose the most appropriate option for the gap .

One of the assumptions of ordinal utility theory is that

A: choice is not consistent

B: utility can be ranked

C: total utility is a function of price

D: satisfaction is measurable

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ECONOMICS

Economics 2010 JAMB Past Questions - Question 12: One of the assumptions of ordinal utility theory is that

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Correct Answer

Explanation