Multiple Choice
The nonsatiation assumption says that given any two consumption bundles, if bundle 1 has more of one good and does not contain less of any other good then:
A) the individual is indifferent between bundle 1 and all other bundles.
B) bundle 1 is never preferred to others.
C) all other bundles are preferred to bundle 1.
D) bundle 1 is preferred to other bundles.
Correct Answer:
Verified
Correct Answer:
Verified
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