When prices are (2,4), Holly chooses bundle B. When prices are (12,3), she chooses A. Let A stands for the bundle (8,10), B stands for the bundle (11,6), and C stands for the bundle (7,7). (a) Cis directly revealed preferred to A. (b) A is indirectly revealed preferred to B. (c) Cis indirectly revealed preferred to B. (d) B is directly revealed preferred to C. (e) B is directly revealed preferred to A.

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