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Other Fields Homework Help Economics Topic started by: Satsume on Oct 24, 2017



Title: The principle of revealed preference would say that if Xavier chooses market basket A over market ...
Post by: Satsume on Oct 24, 2017
The principle of revealed preference would say that if Xavier chooses market basket A over market basket B then:
A) if A is more expensive than B, then Xavier must prefer A over B.
B) if A is more expensive than B, then Xavier must prefer B over A.
C) if A is less expensive than B, then Xavier must prefer A over B.
D) if A is less expensive than B, then Xavier must prefer B over A.


Title: Re: The principle of revealed preference would say that if Xavier chooses market basket A over ...
Post by: boransal on Oct 24, 2017
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