Solved

If Paula's Preferences Are Complete and Transitive, Then All of the Following

Question 19

Multiple Choice

If Paula's preferences are complete and transitive, then all of the following must be true EXCEPT


A) Paula's preferences can be expressed with a utility function.
B) Paula is rational.
C) Paula's preferences satisfy WARP.
D) Paula's preferences do not cycle.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions