If a consumer prefers apples to bananas and prefers bananas to citrus fruit, in order to satisfy assumptions about preferences she has to prefer
A)bananas to apples.
B)citrus fruit to bananas.
C)apples to citrus fruit.
D)citrus fruit to apples.

Question

Quizplus · Accepted Answer

This follows the transitivity property of consumer preferences, which states that if a consumer prefers good A over good B and prefers good B over good C, then the consumer must prefer good A over good C. Therefore, if the consumer prefers apples to bananas and bananas to citrus fruit, they must prefer apples to citrus fruit.

If a Consumer Prefers Apples to Bananas and Prefers Bananas