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According to Revealed Preferences,if a Consumer Chooses a More Expensive

Question 69

Multiple Choice

According to Revealed Preferences,if a Consumer chooses a more expensive bundle of goods over a cheaper bundle of goods,we can conclude


A) the consumer prefers the more expensive bundle of goods.
B) the consumer is behaving irrationally.
C) the consumer is unaware of the cheaper bundle of goods.
D) the consumer has convex preferences.

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