The feature of preferences that "more is better"
A)is a logical consequence of transitivity
B)is shared by most people,most of the time.
C)implies that 5 apples will always be preferred to 4 oranges
D)implies that 5 apples will always be preferred to 5 oranges
E)means that,when dining,people always try to eat as much as they possibly can

Question

Quizplus · Accepted Answer

The "more is better" preference indicates that, generally, people prefer having more of a good thing, assuming all else is equal. It is a common assumption in economics but does not imply specific preferences between different goods or that people will always consume as much as possible.

The Feature of Preferences That "More Is Better