The ________ Axiom Asserts That If X Is Preferred to Y,then

question 42

Multiple Choice

The ________ axiom asserts that if x is preferred to y,then x must be preferred to any probability mixture of x and y,which in turn must be preferred to y.

• A) reducibility
• B) continuity
• C) substitutability
• D) betweenness

---

Definitions:

Protective Tariff

A tax imposed on imports to protect domestic industries from foreign competition by making imported goods more expensive.

Democrats

Members or supporters of the Democratic Party, one of the two major contemporary political parties in the United States, traditionally associated with progressive policies.

Gilded Age

denotes a period in late 19th-century America, characterized by rapid economic growth, industrialization, and ostentatious displays of wealth, alongside widespread social and political corruption.

Political Parties

Political parties are organized groups of people with similar political ideologies and objectives that compete in elections to hold power in government.