A Rational Consumer Who Prefers One Apple to Two Oranges,and

question 44

Multiple Choice

A rational consumer who prefers one apple to two oranges,and two oranges to one orange,

• A)must prefer two oranges to one apple
• B)must prefer one apple to one orange
• C)must prefer two oranges to two apples
• D)must be indifferent between two oranges and two apples
• E)might prefer one orange to one apple

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Definitions:

Intelligence

The capacity for learning, understanding, and applying knowledge, as well as the ability to reason, plan, and solve problems.

Validity

refers to the degree to which a tool, test, or research accurately measures what it is intended to measure.

Reliability

The consistency of a measure or test over time, ensuring that repeated experiments or trials yield similar results.

Spuriousness

A relationship between two variables that appears to be causal but is actually due to both variables being influenced by one or more other variables.