In: Economics
Economists do not think it is possible to compare the relative utility that two people get from consuming an additional unit of a particular good.
True
False
ANSWER-
Economists do not think it is possible to compare the relative utility that two people get from consuming an additional unit of a particular good is TRUE.
As utility means the want satisfying power of the commodity which is subjective and it varies from person to person.
So, utility cannot be compared/measured.
Hence, the statement given in question is TRUE.