If Dawson Prefers Pizza to Hamburgers and Hamburgers to Hot

question 34

Multiple Choice

If Dawson prefers pizza to hamburgers and hamburgers to hot dogs, and if preferences are transitive,

• A)at times she could be indifferent among the three items.
• B)she must prefer pizza to hot dogs.
• C)she could prefer hamburgers to pizza on some occasions but not hot dogs to pizza.
• D)she could prefer hot dogs to pizza on some occasions but not hamburgers to hot dogs.

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Definitions:

Operating Segments

Rephrasing: Operating segments are specific branches or units within a company for which separate financial data is collected and reviewed by the company’s decision-makers for the purpose of resource allocation and performance assessment.

Operating Segment

A distinct business unit within a company for which separate financial information is available and regularly reviewed by the company's management.

Operating Profit

The profit earned from a firm's normal business operations, calculated before interest and taxes.