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At Prices ($4, $12), Harry Chooses the Bundle (9, 4)

Question 11

Multiple Choice

At prices ($4, $12) , Harry chooses the bundle (9, 4) .At the prices ($8, $4) , Harry chooses the bundle (2, 9) .Is this behavior consistent with the weak axiom of revealed preference?


A) Yes.
B) No.
C) It depends on his income.
D) We would have to observe a third choice to be able to say.
E) None of the above.

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