If Goldie chooses the bundle (6, 6)when prices are ($6, $2)and the bundle (10, 0)when prices are ($5, $5), Aif (P2 4)]
A)the bundle (6, 6)is revealed preferred to (10, 0)but there is no evidence that she violates WARP.
B)neither bundle is revealed preferred to the other.
C)the bundle (10, 0)is revealed preferred to (6, 6)and she violates WARP.
D)Goldie violates WARP.
E)the bundle (10, 0)is revealed preferred to (6, 6)and there is no evidence that she violates WARP.

Question

If Goldie chooses the bundle (6, 6)when prices are ($6, $2)and the bundle (10, 0)when prices are ($5, $5), Aif (P2 > 4)]
A)the bundle (6, 6)is revealed preferred to (10, 0)but there is no evidence that she violates WARP.
B)neither bundle is revealed preferred to the other.
C)the bundle (10, 0)is revealed preferred to (6, 6)and she violates WARP.
D)Goldie violates WARP.
E)the bundle (10, 0)is revealed preferred to (6, 6)and there is no evidence that she violates WARP.

Quizplus · Accepted Answer

The Answer of If Goldie chooses the bundle (6, 6)when prices are ($6, $2)and the bundle (10, 0)when prices are ($5, $5), Aif (P2 > 4)]
A)the bundle (6, 6)is revealed preferred to (10, 0)but there is no evidence that she violates WARP.
B)neither bundle is revealed preferred to the other.
C)the bundle (10, 0)is revealed preferred to (6, 6)and she violates WARP.
D)Goldie violates WARP.
E)the bundle (10, 0)is revealed preferred to (6, 6)and there is no evidence that she violates WARP.

If Goldie Chooses the Bundle (6, 6)when Prices Are ($6