Consider the Concept of Revealed Preference

question 14

Multiple Choice

Consider the concept of revealed preference. Suppose a consumer chooses basket A over basket B when basket B costs the same amount. The consumer

• A) must find basket A better than basket B .
• B) must find basket B better than basket A .
• C) must find basket A at least as good as basket B.
• D) must find basket B at least as good as basket A .