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?

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Definitions:

Indigenous

Peoples or ethnic groups that are the original inhabitants of a given region, maintaining traditions that distinguish them from the dominant groups of the society.

State Religions

Officially endorsed religions by a state, which often enjoy certain privileges not granted to other religions in that country.

Voodoo

A religion originating in West Africa, which involves the worship of ancestors and spirits, and is characterized by rituals and ceremonies that can include drumming, singing, dancing, and spirit possession.

Religion

A set of beliefs concerning the cause, nature, and purpose of the universe, especially when considered as the creation of a superhuman agency or agencies, usually involving devotional and ritual observances.