Question
Archie really likes musicals. He's seen Aladdin, Les Miserables and Phantom of the Opera. He enjoyed Aladdin more than Les Miserables and Les Miserables more
Archie really likes musicals. He's seen Aladdin, Les Miserables and Phantom of the Opera. He enjoyed Aladdin more than Les Miserables and Les Miserables more than Phantom of the Opera. He is getting ready to take another trip to New York and wants to see one of these three shows again. When he arrives in New York, he discovers that Les Miserables has been canceled so he has to choose between Aladdin and Phantom of the Opera. He chooses to go to the Phantom of the Opera. (We don't observe how much each show costs, but Archie does.)
A-Archie's preferences must violate completeness.
B-Archie's preferences must violate transitivity.
C-Archie's preferences must violate non-satiation.
D-Archie's preferences must be rational. (They must not violate the above assumptions.)
E-None of the above
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