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Refer to Table 4

Question 37

Multiple Choice

Refer to Table 4.1.Mike's preferences are consistent with the Ranking Principle because: Refer to Table 4.1.Mike's preferences are consistent with the Ranking Principle because: A) the two goods are perfect complements. B) there are no empty cells. C) in each column, the choices at the top are ranked lower than the choices at the bottom. D) in each column, the choices at the top are ranked higher than the choices at the bottom.


A) the two goods are perfect complements.
B) there are no empty cells.
C) in each column, the choices at the top are ranked lower than the choices at the bottom.
D) in each column, the choices at the top are ranked higher than the choices at the bottom.

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