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djsmyers djsmyers
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6 years ago
According to Revealed Preferences, if a Consumer chooses a more expensive bundle of goods over a cheaper bundle of goods, we can conclude
A) the consumer prefers the more expensive bundle of goods.
B) the consumer is behaving irrationally.
C) the consumer is unaware of the cheaper bundle of goods.
D) the consumer has convex preferences.
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
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RumkoRumko
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#1
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6 years ago
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djsmyers Author
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6 years ago
This site is awesome
Marcie D
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
hannahspillett
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2 hours ago
Thanks
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