Examlex
suppose the variable x represents students, F(x) means "x is a freshman," and M(x) means "x is a math major." Match the statement in symbols with one of the English statements in this list:
1. Some freshmen are math majors.
2. Every math major is a freshman.
3. No math major is a freshman.
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WARP
The Weak Axiom of Revealed Preference (WARP) is a criterion used to check for consistency in consumer choice behavior under the assumption of rationality.
Bundle
A set of goods or services sold together as a single package.
Revealed Preferences
An economic theory that determines consumer preferences by observing their purchasing behavior rather than through direct inquiry.
Francs
A currency unit formerly used in France and some other countries, and still used in some territories.
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