One Consumption Bundle Is Revealed Preferred to a Second Bundle

question 41

Multiple Choice

One consumption bundle is revealed preferred to a second bundle if:

• A) a consumer voluntarily chooses it over the second bundle.
• B) surveys reveal that consumers are more likely to choose it than the second bundle.
• C) it is cheaper than the second bundle.
• D) it lies on a higher indifference curve than the second bundle.

---

Definitions:

Splanchnic Nerves

Nerves that innervate the viscera, conveying information to and from the gut and other internal organs.

Sympathetic Fibers

Nerves of the sympathetic nervous system that act to regulate the body's unconscious actions and are key in the fight or flight response.

Spinal Cord

The main pathway for information connecting the brain and peripheral nervous system.

Thoracic

Relating to the chest region or thorax of the body.