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The Assumption That More Is Better Requires the Consumer

Question 26

Multiple Choice

The assumption that more is better requires the consumer:


A) to rank any two baskets.
B) to say that basket is preferred to basket if basket is preferred to basket and basket is preferred to basket .
C) to rank a basket with more units of all goods higher than a basket with fewer units of all goods.
D) to have a diminishing marginal rate of substitution.

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