Bart Is Seen Standing in Front of the Cooler That

question 79

Multiple Choice

Bart is seen standing in front of the cooler that contains containers of iced tea and lemonade.Moments later,we see Bart drinking iced tea,and we conclude Bart is getting more utility from that drink than lemonade.We drew that conclusion based on what economic concept?

• A) Revealed preference
• B) Utility minimization
• C) Satisfaction scales
• D) Rational behavior

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