Which of the Following Preference Orderings Violates the Transitivity Assumption

question 41

Multiple Choice

Which of the following preference orderings violates the transitivity assumption?

• A)Bananas are indifferent to Oranges, Bananas are preferred to Apples, Apples are preferred to Bananas.
• B)Apples are preferred to Oranges, Oranges are preferred to Bananas, Apples are preferred to Bananas.
• C)Oranges are indifferent to Bananas, Bananas are indifferent to Apples, Apples are indifferent to Oranges.
• D)Bananas are preferred to Apples, Apples are indifferent to Oranges, Bananas are preferred to Oranges.

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Definitions:

Distance

The measurement of the space between two points.

Decimal

A numerical value that uses a decimal point to indicate a fraction of a base-10 number.

Y-axis

The vertical axis in a two-dimensional graph, typically used to represent the range or dependent variable in a function or data set.

X-axis

The horizontal axis in a coordinate plane, typically used as a reference line for measuring distances along the horizontal direction.