The Relation "Is Preferred To" Between Commodity Bundles Is Just

question 10

Multiple Choice

The relation "is preferred to" between commodity bundles is just one example of a binary relation.Another example is the relation "is a full brother of" defined over the set of all human beings.Let xRy mean person x is a full brother of person y.

• A)The relation R is reflexive, transitive, and complete.
• B)The relation R is transitive and complete but not reflexive.
• C)The relation R is transitive but not complete or reflexive.
• D)The relation R is complete but not transitive or reflexive.
• E)The relation R is not reflexive, transitive, or complete.

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Definitions:

Indirect Approach

A method used in cash flow statements where net income is adjusted for non-cash transactions and changes in working capital to calculate cash flow from operating activities.

Noncash Charges

Expenses reported on an income statement that do not involve actual cash flow, such as depreciation, amortization, and stock-based compensation.

Noncash Credits

Transactions that increase a company's assets or decrease liabilities without the direct movement of cash.

Indirect Method

A technique used in cash flow statements to adjust net income for non-cash transactions, deferrals, and accruals to compute operating cash flow.