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  3. Study Set
    Microeconomics Study Set 49
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    Exam 3: Consumer Preferences and the Concept of Utility
  5. Question
    If a Consumer Is Unable to Compare Two Baskets, Then
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If a Consumer Is Unable to Compare Two Baskets, Then

Question 66

Question 66

Multiple Choice

If a consumer is unable to compare two baskets, then this consumer's preferences violate which of the following key assumptions?


A) Completeness.
B) Transitivity.
C) More is better.
D) Both completeness and transitivity.

Correct Answer:

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