Introduction to Economics 1 Deneme Sınavı Sorusu #1225311

Which assumption of the preferences is violated if indifference curves cross eachother?


More is better

Continuity

Transitivity

Less is better

Rationality


Yanıt Açıklaması:

If the consumer’s preferences or tastes are transitive, as we assume in this section, there cannot be an intersection of indifference curves.

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