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Consider the Concept of Revealed Preference AA Better Than Basket BB
B) Must Find Basket

Question 40

Multiple Choice

Consider the concept of revealed preference. Suppose a consumer chooses basket A over basket B when basket B costs the same amount. The consumer:


A) must find basket AA better than basket BB .
B) must find basket BB better than basket AA .
C) must find basket AA at least as good as basket BB .
D) must find basket BB at least as good as basket AA .

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