Mark strictly prefers consumption bundle A to consumption bundle B and weakly prefers bundle B to bundle A.These preferences can be represented by a utility function.

Name: Mark strictly prefers consumption bundle A to consumption bundle B and weakly prefers bundle B to bundle A.These preferences can be represented by a utility function.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This situation violates the transitivity property of preferences, so it cannot be represented by a utility function.

Mark Strictly Prefers Consumption Bundle a to Consumption Bundle B