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corie corie
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Posts: 767
6 years ago
A consumer prefers market basket A to market basket B, and prefers market basket B to market basket C.  Therefore, A is preferred to C.  The assumption that leads to this conclusion is:
A) transitivity.
B) completeness.
C) all goods are good.
D) diminishing MRS.
E) assumption of rationality.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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oracledarrenoracledarren
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Posts: 455
6 years ago
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corie Author
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6 years ago
Just got PERFECT on my quiz
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You make an excellent tutor!
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Thanks for your help!!
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