[QUOTE=Smak;537996]hello
firstly thank you
for accepting the idea and time friends i can be available around at 1230...am and pm
Q#1 jia great jee(sharp observation)
and cardinal and ordinal...both approaches are interesting as an cardinal projects the utility marginal law projection and other one ordinal projects the indifference curve theory like rank the priority to satisfy the need of consumer item

yup cardinal is an clasical school of thought presented theorey and its based on that utility is measurable phenominon an the ordinal approch gives the idea that utility cannot be measure it is ranked ordinaly like 1st 2nd 3rd etc in ordinal approach we have two theories i.e i.c cure approach and revealed prefrence approach

you two decide from where we should start i have no issue

ok il get the bullets points regarding both topics

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