Sam Voter prefers Ronald to Joe,Joe to Gary,and Gary to Ronald.Sam's preferences:
A) are consistent with our assumptions about consumer behavior.
B) indicate that he is a liberal.
C) are not complete.
D) are not transitive.

Question

Quizplus · Accepted Answer

Sam's preferences are not transitive due to the fact that although he prefers Ronald to Joe and Joe to Gary, he still prefers Gary to Ronald. This violates the transitivity axiom of rational choice theory, which states that if A is preferred to B and B is preferred to C, then A must be preferred to C.

Sam Voter Prefers Ronald to Joe,Joe to Gary,and Gary to Ronald.Sam's