indifference curve analysis
utility theory
revealed preference theory
consumption analysis
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The correct answer is: A. indifference curve analysis.
Cardinal utility measurement is a way of measuring the satisfaction or utility that a consumer gets from consuming goods and services. It is required in indifference curve analysis because indifference curves are used to represent the consumer’s preferences. Indifference curves show all the combinations of goods and services that a consumer is indifferent between, meaning that the consumer would be equally satisfied with any of the combinations on the curve.
The other options
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