This topic contains a solution. Click here to go to the answer

Author Question: Which of the following statements about utility and preferences is false? A) If Sidra prefers tea ... (Read 65 times)

dbose

  • Hero Member
  • *****
  • Posts: 597
Which of the following statements about utility and preferences is false?
 
  A) If Sidra prefers tea to coffee and coffee to hot chocolate, then she must prefer tea to hot chocolate.
  B) If two individuals, Ingrid and Inez, each consume the same bundle of goods, then both Inez and Ingrid must receive the same utility from the bundle.
  C) Utility cannot be compared across consumers.
  D) Preferences can be ranked.

Question 2

Refer to Figure 14-3. How will Rainbow Writer respond to Odeon's two possible offers?
 
  A) Rainbow Writer will accept either offer.
  B) Rainbow Writer will reject either offer.
  C) Rainbow Writer will only accept an offer of 30 per copy of the software package.
  D) Rainbow Writer will only accept an offer of 40 per copy of the software package.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

frankwu0507

  • Sr. Member
  • ****
  • Posts: 322
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly




dbose

  • Member
  • Posts: 597
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


billybob123

  • Member
  • Posts: 336
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

For a complete list of videos, visit our video library