For example I have defined two styles named "position: absolute" and "width: auto". Now I want to apply them separately to two objects, and both on third object. How to do this?
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You cannot have two styles at the same time, but you can combine them to get similar effect, for example
Style 1 - "Postion to 10mm from left page margin" only moves the object
Style 2 - "Apply drop shadow"
Style 3 - "Object width 30 mm"
Style 4 - "My Special Style"
Order in which you'd apply them would matter if they overlap or change each other's parameters, if they're not overlapping they will work independently.
Also only one can be applied at any point in time - so which ever one you'll likely be changing for the whole document - keep that one!
For further discussion how this might apply to grapic styles see https://indesignsecrets.com/tip-of-the-week-using-more-than-one-object-style-to-format-an-object.php