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Let a Stand for the Bundle (7, 9), B Stand

Question 16

Multiple Choice

Let A stand for the bundle (7, 9) , B stand for the bundle (10, 5) , and C stand for the bundle (6, 6) .When prices are (2, 4) , Betty chooses C.When prices are (12, 3) she chooses A


A) A is directly revealed preferred to B
B) A is indirectly revealed preferred to B.
C) C is directly revealed preferred to A.
D) B is directly revealed preferred to A.
E) None of the above.

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