Ving Stateme Joe likes apples better than bananas and he likes watermelon and grapes equally. Max enjoys one piece of pizza, but he | is happier if he has a whole pizza. Lucy enjoys eating tacos more than she enjoys eating pizza and she enjoys eating fried chicken more than she enjoys eating tacos, which means Lucy enjoys eating fried chicken more than she enjoys eating pizza. All of the above are correct.
Ving Stateme Joe likes apples better than bananas and he likes watermelon and grapes equally. Max enjoys one piece of pizza, but he | is happier if he has a whole pizza. Lucy enjoys eating tacos more than she enjoys eating pizza and she enjoys eating fried chicken more than she enjoys eating tacos, which means Lucy enjoys eating fried chicken more than she enjoys eating pizza. All of the above are correct.
Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter6: Consumer Choice Theory
Section: Chapter Questions
Problem 5SQP
Related questions
Question
![Which of the following statements describes an assumption economists make about consumers' preferences?
Joe likes apples better than bananas
and he likes watermelon and grapes
equally.
Max enjoys one piece of pizza, but he
is happier if he has a whole pizza.
Lucy enjoys eating tacos more than
she enjoys eating pizza and she
enjoys eating fried chicken more
than she enjoys eating tacos, which
means Lucy enjoys eating fried
chicken more than she enjoys eating
pizza.
All of the above are correct.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd179663f-05cb-4730-b414-78696cae0cbd%2F34bfc7a9-054a-4a89-8fc6-35aa1a506ea6%2F6pw6asj_processed.png&w=3840&q=75)
Transcribed Image Text:Which of the following statements describes an assumption economists make about consumers' preferences?
Joe likes apples better than bananas
and he likes watermelon and grapes
equally.
Max enjoys one piece of pizza, but he
is happier if he has a whole pizza.
Lucy enjoys eating tacos more than
she enjoys eating pizza and she
enjoys eating fried chicken more
than she enjoys eating tacos, which
means Lucy enjoys eating fried
chicken more than she enjoys eating
pizza.
All of the above are correct.
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