A rational consumer who prefers one apple to two oranges,and two oranges to one orange,
A)must prefer two oranges to one apple
B)must prefer one apple to one orange
C)must prefer two oranges to two apples
D)must be indifferent between two oranges and two apples
E)might prefer one orange to one apple

Question

Quizplus · Accepted Answer

A rational consumer's preferences are transitive. Since the consumer prefers one apple to two oranges and two oranges to one orange, it follows that the consumer must prefer one apple to one orange.

A Rational Consumer Who Prefers One Apple to Two Oranges,and