A child indicates that she prefers going to the zoo over the park and prefers going to the beach over the zoo. When given the choice between the park and the beach, she chooses the park. Which of the...


A child indicates that she prefers going to the zoo over the park and prefers going to the beach over the zoo. When given the choice between the park and the beach, she chooses the park. Which of the following assumptions of consumer preference theory is she most likely violating?


A. Nonsatiation


B. Complete preferences


C. Transitive preferences



Dec 08, 2021
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