Alvin's Preferences for Good X and Good Y Are Shown

question 40

Multiple Choice

Alvin's preferences for good X and good Y are shown in the diagram below. Figure 3.2
-Refer to Figure 3.2. Which assumption concerning preferences do Alvin's indifference curves violate?

• A) Diminishing marginal rates of substitution
• B) Transitivity of preferences
• C) More is preferred to less
• D) Completeness
• E) both A and C

---

Definitions:

Adventitious Breath Sounds

Abnormal sounds heard during lung auscultation that indicate disruptions in the air flow, often signaling respiratory problems.

Compromised Blood Flow

A condition where the circulation of blood through the body's vascular system is impeded, potentially leading to various health issues.

Edema

A medical condition characterized by an excess of watery fluid collecting in the cavities or tissues of the body, leading to swelling.

Shearing Forces

Forces that cause parts of a material to slide past each other in opposite directions, often leading to strain or injury in tissues.