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Clothing Refer to the diagram. The consumer chooses A on budget line I1 and B on budget line I2. Which of the following statements is
Clothing Refer to the diagram. The consumer chooses A on budget line I1 and B on budget line I2. Which of the following statements is NOT true? And Why? 1. B is revealed preferred to C A is revealed to prefer to B C is revealed to prefer to A All of the above statements are true
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