Suppose Bundle a Is Better Than Bundle B for a Consumer

question 14

Essay

Suppose bundle A is better than bundle B for a consumer, and bundle C is an average of bundles A and B.
a.Use the continuity, convexity and monotonicity assumptions to formally prove that this implies that bundle C is better than bundle B.
b.Did you also -- implicitly or explicitly -- use the rationality axioms?

---

Definitions:

Ultrasound Appointment

A medical appointment during which sound waves are used to create images of the inside of the body, commonly used during pregnancy to monitor the fetus.

Parents' Perceptions

The beliefs, thoughts, and feelings that parents have regarding their children, which can influence parenting style and behavior.

Developing Fetus

An unborn offspring in the process of growth and development inside the mother's womb, from the end of the embryonic stage to birth.

Surgically Removed

Refers to the extraction or elimination of tissues, organs, or other bodily structures via operative or surgical procedures.