Which of the Following Sets of Preferences Satisfies the Property

question 408

Multiple Choice

Which of the following sets of preferences satisfies the property of transitivity?

• A)Cookies are preferred to pie. Pie is preferred to brownies. Cookies are preferred to brownies.
• B)Cookies are preferred to pie. Brownies are preferred to pie. Pie is preferred to cookies.
• C)Cookies are preferred to ice cream. Ice cream is preferred to brownies. Brownies are preferred to cookies.
• D)Cookies are preferred to pie. Ice cream is preferred to cookies. Pie is preferred to ice cream.

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Definitions:

Rare Book

A book considered valuable due to its age, scarcity, historical significance, or association with a notable figure or event.

Business Ethics

A form of applied ethics that examines ethical principles and moral or ethical problems that arise in a business environment.

Public Disclosure

The act of making information or data available to the general public, often mandatory for government bodies and public companies.

Ethical Behavior

Conduct that is consistent with what society, individuals, or businesses consider to be good values or moral principles.