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Consider the Following Three Market Baskets

Question 33

Multiple Choice

Consider the following three market baskets:
Table 3.1 Consider the following three market baskets: Table 3.1 -Consider the following three market baskets: If baskets B and C are on the same indifference curve,and if preferences satisfy all four of the basic assumptions,then: A) A is preferred to C. B) A is preferred to B. C) Both A and B answer choices are correct. D) none of the above
-Consider the following three market baskets: Consider the following three market baskets: Table 3.1 -Consider the following three market baskets: If baskets B and C are on the same indifference curve,and if preferences satisfy all four of the basic assumptions,then: A) A is preferred to C. B) A is preferred to B. C) Both A and B answer choices are correct. D) none of the above If baskets B and C are on the same indifference curve,and if preferences satisfy all four of the basic assumptions,then:


A) A is preferred to C.
B) A is preferred to B.
C) Both A and B answer choices are correct.
D) none of the above

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