There Is an Indifference Curve Through Every Bundle Because of the Assumption

question 106

Multiple Choice

There is an indifference curve through every bundle because of the assumption of

• A)transitivity.
• B)completeness.
• C)rationality.
• D)nonsatiation.

---

Definitions:

Physical Risk

The possibility of sustaining bodily injury or harm during the performance of an activity or due to exposure to physical hazards.

Monetary Cost

The amount of money that must be paid to buy, maintain, or use something.

Informed Consent

Informed consent is a process in which researchers provide potential participants with all relevant information about a study, ensuring they understand the risks and benefits before agreeing to participate.

Hypothesis

An assertion about what is true in a particular situation; often, a statement asserting that two or more variables are related to one another.