According to Revealed Preferences,if a Consumer Chooses a More Expensive

question 69

Multiple Choice

According to Revealed Preferences,if a Consumer chooses a more expensive bundle of goods over a cheaper bundle of goods,we can conclude

• A)the consumer prefers the more expensive bundle of goods.
• B)the consumer is behaving irrationally.
• C)the consumer is unaware of the cheaper bundle of goods.
• D)the consumer has convex preferences.