Multiple Choice
Mary makes a New Year's resolution to lose weight.On January 3rd,Mary decides to go to Ben & Jerry's for ice cream instead of going to the gym.Using the concept of revealed preference,we can conclude that Mary:
A) is not a rational individual.
B) actually gains more utility from ice cream than working out.
C) is a liar.
D) All of these are true.
Correct Answer:
Verified
Correct Answer:
Verified
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