Multiple Choice
-Refer to Table 4.1.If Mike starts with 4 CDs and 1 economics book,would he be willing to trade one CD for two economics books?
A) Yes, because the bundle with 3 CDs and 2 economics books is ranked higher than the bundle with 4 CDs and 1 economics book
B) No, because the bundle with 2 CDs and 3 economics books is ranked higher than the bundle with 4 CDs and 1 economics book
C) Yes, because the bundle with 4 CDs and 1 economics book is ranked higher than the bundle with 3 CDs and 2 economics books
D) No, because the bundle with 4 CDs and 1 economics book is ranked higher than the bundle with 3 CDs and 2 economics books
Correct Answer:
Verified
Correct Answer:
Verified
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