If the Only Information We Had About Goldie Were That

question 22

Multiple Choice

if the only information we had about Goldie were that she chooses the bundle (6, 6) when prices are (6, 2) and she chooses the bundle (10, 0) when prices are (3, 5) , then we could conclude that

• A)neither bundle is revealed preferred to the other.
• B)Goldie violates WARP.
• C)the bundle (6, 6)is revealed preferred to (10, 0)but there is no evidence that she violates WARP.
• D)the bundle (10, 0)is revealed preferred to (6, 6)and she violates WARP.
• E)the bundle (10, 0)is revealed preferred to (6, 6)but there is no evidence that she violates WARP.

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Definitions:

Property Qualifications

Historical voting or office-holding requirements that individuals own property of a certain value to participate in the political process.

Holding Office

The term refers to the duration or period in which an individual serves in a particular position or office.

Landed Gentry

Refers to the class of wealthy landowners in Britain who held significant social status but did not possess titles of nobility.

Republicanism

A political ideology centered around the concept of a republic, where the government is a public matter and the public matters are decided by elected representatives of the population.