Chingiz has preferences over bundles of apples and bananas. He prefers bundle 1 to bundle 2 if and only if both of the following conditions are satisfied: 1) there are at least as many apples as...

Extracted text: Chingiz has preferences over bundles of apples and bananas. He prefers bundle 1 to bundle 2 if and only if both of the following conditions are satisfied: 1) there are at least as many apples as bananas in bundle 1 2) there are at least as many bananas in bundle 1 as bananas in bundle 2 Chingiz's preferences are Select one: a. Not transitive and not complete x O b. Transitive and not complete c. Transitive and complete d. Not transitive and complete e. None of the other answers are correct There are two consumers in an exchange economy. Consumer A's utility function is ua(Xa.YA)=(XA+3)yA, consumer B's utility function is ug(XB.Ya)=Xg*y%*. Allocation (X4.VA,Xg,g)=(0,5,2,3) is Select one: a. Equilibrium only at prices p/py=15/8 b. Not equilibrium at any prices c. None of the other answers are correct d. Equilibrium only at prices p/py=5/3 e. Equilibrium for more than one price ratio p/p, x Vlad weakly prefers to eat meal A over meal B if meal A has more than 3 eggs in it and meal A has at least as many calories as meal B. Vlad's preferences are: There are 3 consumers (A, B and C) in an exchange economy with two goods (x and y). Their utility functions are given by u ,(XA,YA)=XAYA, UB(XB,YB)= XBYB and u c(x c.Yc) =min{xcyIs allocation (xg,YgXg,Yg,Xc•Yc)=(1,2,2,1,1,1) Pareto optimal? Select one: True x False