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In a Football Tournament, If University of Florida Beats Ohio

Question 31

Multiple Choice

In a football tournament, if University of Florida beats Ohio State, and Ohio State beats Georgia Tech, it does not mean that Florida beats Georgia Tech.This scenario violates the rationality assumption on preference of the utility theory.Identify this assumption of preference.


A) Transitivity of preference
B) Convexity of preference
C) Completeness of preference
D) Monotonicity of preference
E) Circularity of preference

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