Refer to Table 4.1.Mike's preferences are consistent with the Ranking Principle because:
A) the two goods are perfect complements.
B) there are no empty cells.
C) in each column, the choices at the top are ranked lower than the choices at the bottom.
D) in each column, the choices at the top are ranked higher than the choices at the bottom.

Question

Refer to Table 4.1.Mike's preferences are consistent with the Ranking Principle because: 
A) the two goods are perfect complements. 
B) there are no empty cells. 
C) in each column, the choices at the top are ranked lower than the choices at the bottom. 
D) in each column, the choices at the top are ranked higher than the choices at the bottom.

Quizplus · Accepted Answer

The Answer of Refer to Table 4.1.Mike's preferences are consistent with the Ranking Principle because: 
A) the two goods are perfect complements. 
B) there are no empty cells. 
C) in each column, the choices at the top are ranked lower than the choices at the bottom. 
D) in each column, the choices at the top are ranked higher than the choices at the bottom.