Consider Three Bundles: Bundle A: 2 DVDs and 3 CDs

question 36

Multiple Choice

Consider three bundles: Bundle A: 2 DVDs and 3 CDs
Bundle B: 3 DVDs and 1 CD
Bundle C: 1 DVD and 3 CDs
Which of the following violates the assumption of nonsatiated preferences?

• A) Bart prefers Bundle C to B and Bundle A to C.
• B) Mona prefers Bundle C to B and is indifferent between Bundles A and B.
• C) Don prefers Bundle A to C and is indifferent between Bundles B and C.
• D) Patty prefers Bundle A to C and Bundle B to C

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Definitions:

Anticline

A type of fold in the earth's surface where the strata have been bent upwards, creating an arch-like shape.

Syncline

A syncline is a fold in rock layers that slopes upward on both sides towards a central valley, usually indicating layers that were deposited in a basin.

Monocline

A geological fold in which all layers are inclined in the same direction, forming a step-like structure in the stratigraphy.

Sedimentary Rock

Rock formed by the deposition and subsequent cementation of mineral or organic particles on the floor of oceans or other bodies of water at the Earth's surface.