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Title: Show that the following preferences are not consistent for a rational individual.i.An individual ... Post by: MrsAngelD on Nov 12, 2017 Show that the following preferences are not consistent for a rational individual.
i. An individual when confronted with prices of p1 = $4 and p2 = $8 chooses q1 = 1 and q2 = 5. ii. The same individual facing prices of p1 = $6 and p2 = $9 chooses q1 = 5 and q2 = 3. Title: Re: Show that the following preferences are not consistent for a rational individual.i.An individual ... Post by: forrest on Nov 12, 2017 Content hidden
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