If the Only Information We Had About Goldie Were That

question 14

Multiple Choice

if the only information we had about Goldie were that she chooses the bundle (6, 6) when prices are (6, 7) and she chooses the bundle (10, 0) when prices are (5, 5) , then we could conclude that

• A)the bundle (6, 6)is revealed preferred to (10, 0)but there is no evidence that she violates WARP.
• B)Goldie violates WARP.
• C)the bundle (10, 0)is revealed preferred to (6, 6)and she violates WARP.
• D)neither bundle is revealed preferred to the other.
• E)the bundle (10, 0)is revealed preferred to (6, 6)but there is no evidence that she violates WARP.

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