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    Exam 6: Revealed Preference-Part A
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    The Strong Axiom of Revealed Preference Requires That If a Consumer
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The Strong Axiom of Revealed Preference Requires That If a Consumer

Question 41

Question 41

True/False

The strong axiom of revealed preference requires that if a consumer chooses x when he can afford y and chooses y when he can afford z, then he will not choose z when he can afford x.

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