There is actually a lot of confusion in this regard because he said utility can't be measured but interpersonal and intrapersonal comparison of utility is possible that means that you can tell if utility increase or decrease . He didn't now talk about word cardinal or ordinal so some books says something while other says something The actual statement of pigou was utility is not measurable but interpersonal comparison is possible .
😇😇
Very nyc explaination of pigouvian welfare economics 👌👌👌
Thanks 😊
Wow
Thx mam 😊😊😊
Kitte ache se describe kr rhe h
Thanks a lot 🙂
Finally jake Samajh aaya❤❤Thank you so much❤
Glad to know this 😌...Happy learning
dil khol kr bolne ki kala 😊
Is 1st Assumptions right???
I think he assumed utility to be cardinal.
There is actually a lot of confusion in this regard because he said utility can't be measured but interpersonal and intrapersonal comparison of utility is possible that means that you can tell if utility increase or decrease . He didn't now talk about word cardinal or ordinal so some books says something while other says something
The actual statement of pigou was utility is not measurable but interpersonal comparison is possible .
TQ mam
Most welcome 🙂
Madam aapka chashma acha lg rhe h
Thanks 🙂
Hello Bhumika