Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
MrsAngelD MrsAngelD
wrote...
Go to Answer
Posts: 322
Rep: 7 0
6 years ago
Show that the following preferences are not consistent for a rational individual.
i.   An individual when confronted with prices of p1 = $4 and p2 = $8 chooses q1 = 1
and q2 = 5.
ii.   The same individual facing prices of p1 = $6 and p2 = $9 chooses q1 = 5 and q2 = 3.
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
Read 108 times
1 Reply
Replies
Answer verified by a subject expert
forrestforrest
wrote...
#1
Posts: 266
Rep: 3 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

MrsAngelD Author
wrote...

6 years ago
Just got PERFECT on my quiz
noodlelicker
wrote...

Yesterday
Brilliant ツ
gefa
wrote...

2 hours ago
Thanks for your help!!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1405 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 324
  
 402
  
 622
Your Opinion
Who will win the 2024 president election?
Votes: 3
Closes: November 4
Previous poll results: What percentage of nature vs. nurture dictates human intelligence?