UTILITY Acrobat 1. Choose 2 of your favorite brands and rank them in order of preference using the eader D ordinal utility. Why did you choose and how did you prefer one more over the other? 2. In your opinion, which is better- Cardinal or Ordinal? And why? MS WOR Theory of Production ASSIGNM 1. Being an Entrepreneur, which time period do you want to be in? Short run or Long run and why? 2. In your opinion, how do factors of production play an important part in the Kaspersk Small Off production process? 3. Explain the difference between Returns to factors and returns to scale