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pls someone solve this for me Theory of consumer choice 1- What is the cardinal and ordinal utility? What is the basic difference between them?

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Theory of consumer choice 1- What is the cardinal and ordinal utility? What is the basic difference between them? 2- What are the Limitations of Cardinal Utility? 3- From the blow table discuss following with the help of graph. a) Trend of total utility b) Trend of marginal utility c) Law of diminishing marginal utility Units Total utility Marginal Utility 10 10 2 18 8 3 24 6 A 28 4 30 2 6 30 O 28 -2 4- IF Income = $100 Price of pepsi = $ 5 Price of pizza = $ 10 a) Draw the budget line for pizza and pepsi b) What happen if price of pepsi increase by $10 C) What happen if income increase by $200 5- What is indifference curve? 6- Why two indifference curves cannot intersect each other, discuss with the help of graph. 7- Discuss the MRS from the blow graph. 12+ - -DA CLOTHING 10 B IC F FOOD

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