Multiple Choice
Which of the following statements cannot be made regarding consumer preferences?
A) Pat enjoys her second cotton candy less than her first.
B) Bill enjoys his second cotton candy as much as the first.
C) Arnie enjoys two cotton candies more than one cotton candy.
D) Arnie enjoys two cotton candies more than Pat enjoys one cotton candy.
E) Bill and Arnie enjoy their second cotton candy less than they do their first.
Correct Answer:
Verified
Related Questions
Q1: Which of the following is true of
Q3: Utility is determined by an individual's
A)income
B)price
C)relative price
D)profit
E)tastes
Q4: Marginal utility can be objectively measured and
