Scale of preference shows

Scale of preference shows
A. opportunity cost of goods consumed
B. incomes of consumers in order of size
C. utilities enjoyed by consumers
D. consumer’s wants in order of priority
Correct Option: Answer is D
A scale of preference is a list of a consumer’s wants, arranged in order of importance. It is used to help consumers make choices when they have limited resources. The scale of preference shows which goods or services the consumer values the most and which they are willing to give up in order to get the goods or services they value more.

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