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There Is a Set of Goods x=(x1,x2,…xN)x=\left(x_{1}, x_{2}, \ldots x_{N}\right) Nicole Can Only Afford

Question 18

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There is a set of goods, x=(x1,x2,…xN)x=\left(x_{1}, x_{2}, \ldots x_{N}\right) . Nicole can only afford x1,x4,xN−1x_{1}, x_{4}, x_{N-1} . Give an example in which Nicole's preferences satisfy WARP, but are not transitive.

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Let "drp" mean directly reveal...

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