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Consider the Concept of Revealed Preference

Question 14

Multiple Choice

Consider the concept of revealed preference. Suppose a consumer chooses basket A over basket B when basket B costs the same amount. The consumer


A) must find basket A better than basket B .
B) must find basket B better than basket A .
C) must find basket A at least as good as basket B.
D) must find basket B at least as good as basket A .

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