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  5. Scale of preference...

Scale of preference shows

Economics
JAMB 2022

Scale of preference shows

  • A. incomes of consumers in order of size
  • B. utilities enjoyed by consumers
  • C. opportunity cost of goods consumed
  • D. consumer's wants in order of priority
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Correct Answer: Option D
Explanation

Scale of preference is a table showing an individual wants arranged in a chronological order or it shows an individual wants in order of priority.

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