Answer to Question #106820 in Microeconomics for Steve

Question #106820
A consumer prefers comedy movies to action movies, and prefers actions movies to reality shows. Therefore comedy is preferred to reality shows. The assumption that leads to this conclusion is:
1) transitivity
2) completeness
3) all goods are good
4) diminishing MRS
5) assumption of rationality
1
Expert's answer
2020-03-31T08:54:28-0400

1) transitivity 


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