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Satsume Satsume
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6 years ago
Denise is shopping for lobsters and eclairs.  When she faces budget line b1, she chooses market basket A over market basket B.  When she faces budget line b2, she chooses basket B over basket C.  Which assumption of consumer theory helps us determine Denise's preference ordering over basket A and basket C?
A) Completeness
B) More is better than less
C) Transitivity
D) Convexity
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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CanihCanih
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#1
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6 years ago
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Satsume Author
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6 years ago
This site is awesome
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Thanks for your help!!
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Smart ... Thanks!
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