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nakungth nakungth
wrote...
Posts: 1175
Rep: 3 0
6 years ago
Please consider the following figure:

The consumer chooses A on budget line I1 and B on budget line I2.  Which of the following rankings describes the consumer's preferences (first is highest ranked and last is lowest ranked)?
A) A-B-C-D
B) A-D-B-C
C) A-B-D-C
D) We do not have enough information to rank all four bundles.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
Read 90 times
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boransalboransal
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Posts: 477
6 years ago
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nakungth Author
wrote...
6 years ago
A+ answer, ty
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