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Other Fields Homework Help Economics Topic started by: tuggy on May 23, 2017



Title: Which of the following examples correctly identifies preference reversals?
Post by: tuggy on May 23, 2017
Which of the following examples correctly identifies preference reversals?
A) Alice starts using public transport when the price of gasoline increases.
B) Sarah's consumption of coffee increases substantially when the price of tea increases.
C) Terry decides on Monday that he would join music classes from Thursday, but refuses to do so on Thursday.
D) The extra utility that Tim derives from consuming additional units of ice cream decreases as he consumes more ice cream.


Title: Re: Which of the following examples correctly identifies preference reversals?
Post by: Simpleman on May 23, 2017
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Title: Re: Which of the following examples correctly identifies preference reversals?
Post by: Wilson Li1 on Jun 19, 2020
y