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Satsume Satsume
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6 years ago
The principle of revealed preference would say that if Xavier chooses market basket A over market basket B then:
A) if A is more expensive than B, then Xavier must prefer A over B.
B) if A is more expensive than B, then Xavier must prefer B over A.
C) if A is less expensive than B, then Xavier must prefer A over B.
D) if A is less expensive than B, then Xavier must prefer B over A.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
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boransalboransal
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6 years ago
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