A rational consumer cannot be indifferent between the {x, y} consumption bundles {2, 8} and {3, 4} and also the bundles {2, 8} and {4, 5}. [Hint Use…
Hi, could you pleases answer this true or false question with an explanation of why it is either true or false and please use a consumer theory diagram
A2-6. A rational consumer cannot be indifferent between the {x, y} consumption bundles {2, 8} and {3, 4} and alsothe bundles {2, 8} and {4, 5}. [Hint Use a consumer theory diagram to illustrate your answer.]
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