Wendy is very indecisive. She can't decide whether she should go on a cruise or spend her vacation at her friend's home. Her preferences violate the assumption of:
A) completeness.
B) transitivity.
C) more is better.
D) both completeness and transitivity.
Correct Answer:
Verified
Q4: Which of the following statements is false?
A)Marginal
Q5: Marginal utility is:
A)the slope of the total
Q6: If a consumer would rather eat three
Q7: Jacob's estimated utility from pizza is given
Q8: One adhesive having twice the adhesive power
Q10: John tends to order pizza once or
Q11: Assume that two baskets and lie on
Q12: Indifference curves that intersect are said to
Q13: Assume that a consumer prefers watching Yu-Gi-Oh
Q14: Marginal utility:
A)is the ratio of total utility
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