Consider these bundles bundle a 2dvds and 3 cds bundle b 3


Consider these bundles: Bundle A: 2DVDs and 3 Cds; Bundle B: 3 DVDs and 1 CD; Bundle C: 1 DVDs and 3 CDs. Which of the following violates the assumption of non satiated preferences?

a) You prefer bundle C to B and bundle A to C.

b) You prefer bundle C to B and are indifferent between bundles A and B.

c) You prefer bundle A to C and are indifferent between bundles B and C.

d) All of the answers are correct.

e) None of the answer is correct.

Request for Solution File

Ask an Expert for Answer!!
Business Economics: Consider these bundles bundle a 2dvds and 3 cds bundle b 3
Reference No:- TGS0987838

Expected delivery within 24 Hours