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autumnnelson123 autumnnelson123
wrote...
Posts: 427
5 years ago
If Dawson prefers pizza to hamburgers and hamburgers to hot dogs, then if preferences are transitive

• at times she could be indifferent among the three items.

• she must prefer pizza to hot dogs.

• she could prefer hamburgers to pizza on some occasions but not hot dogs to pizza.

• she could prefer hot dogs to pizza on some occasions but not hamburgers to hot dogs.
Textbook 
Microeconomics

Microeconomics


Edition: 7th
Authors:
Read 88 times
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Woo
wrote...
5 years ago
she must prefer pizza to hot dogs.
wrote...
5 years ago
Thank you
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