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  3. Study Set
    Microeconomics Theory with Applications
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    Exam 2: A Theory of Preferences
  5. Question
    Which of the Following Are Necessary Assumptions to Guarantee That
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Which of the Following Are Necessary Assumptions to Guarantee That

Question 2

Question 2

Multiple Choice

Which of the following are necessary assumptions to guarantee that an individual can consistently rank any set of consumption bundles?


A) completeness and non- satiation
B) transitivity and non satiation
C) completeness and universality
D) transitivity and completeness

Correct Answer:

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