Multiple Choice
Hideki spends all of his money on movie tickets and groceries. Suppose Hideki is presented with two options: A and B. Option A gives him a voucher of $X that he can only spend on groceries. Option B gives him $X that he can spend on either or both of the goods. Which of the following is correct?
A) Hideki always prefers Option A to Option B.
B) Hideki can never be indifferent between Option A and Option B.
C) Hideki is always indifferent between Option A and Option B.
D) Hideki can prefer Option B to Option A but cannot prefer Option A to Option B.
Correct Answer:
Verified
Correct Answer:
Verified
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