Skip to content

Course home

7.1.5 limitations of marginal utility theory and its assumptions of rational behaviour
x

What the theory assumes

What the theory assumes

Marginal utility theory assumes that utility is cardinal, meaning satisfaction can be measured in countable units called utils. These figures are assumed to be comparable and addable.

7.1.5 limitations of marginal utility theory and its assumptions of rational behaviour Lesson

  1. Intl A Level
  2. /Economics
  3. /7.1.5 limitations of marginal utility theory and its assumptions of rational behaviour

Step-by-step lessons on CIE Intl A Level Economics 7.1.5 limitations of marginal utility theory and its assumptions of rational behaviour. Each one builds up to exam-style questions.