Multiple Choice
The assumption that more is better requires the consumer
A) to rank any two baskets.
B) to say that basket C is preferred to basket
A if basket B is preferred to basket A and basket C is preferred to basket B .
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.
Correct Answer:
Verified
Correct Answer:
Verified
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