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The London Pattern Trowel Has Either a Wide or a Narrow

question 7

Multiple Choice

The London pattern trowel has either a wide or a narrow heel, called a _____ heel.


Definitions:

Strong Axiom

Often refers to the strong axiom of revealed preference in economics, a principle used to infer a consumer's complete preference ordering over goods.

Revealed Preference

A theory suggesting that the preferences of consumers can be understood from their purchasing habits and choices.

Strong Axiom

A mathematical condition used in decision theory and economic models that strengthens the requirements for consumer choice consistency over time or across different conditions.

Revealed Preference

A theory that determines consumer's preferences by observing their purchasing habits and behaviors instead of their preferences being explicitly stated.

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