Multiple Choice
Which of the following preference orderings violates the transitivity assumption?
A) Bananas are indifferent to Oranges, Bananas are preferred to Apples, Apples are preferred to Bananas.
B) Apples are preferred to Oranges, Oranges are preferred to Bananas, Apples are preferred to Bananas.
C) Oranges are indifferent to Bananas, Bananas are indifferent to Apples, Apples are indifferent to Oranges.
D) Bananas are preferred to Apples, Apples are indifferent to Oranges, Bananas are preferred to Oranges.
Correct Answer:

Verified
Correct Answer:
Verified
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