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I: Question 1 1 pts Ann has two indifference curves that cross each other. This means that Ann's preference over the goods is not 0 complete (i) transitive O convex O monotonic 0 None of the above. 1:\" Question 2 1 pts Bob's preference over cars depends on onlyr the MPG [miles per gallon) of the car. In particular. when comparing any two cars X and Y. Bob will strictly prefer car X to carY if the MPG of X is strictly greater than the MPG on by 5 miles. If the difference between the MPGs of the cars is within 5 miles, then Bob is indifferent between the cars (perhaps, because Bob believes that there is usually some measurement error). Which of the following statements is true about Bob's preference over cars. 0 Bob's preference is complete and transitive. O Bob's preference is complete but not transitive. O Bob's preference is transitive but not complete. C) Bob's preference is neither complete nor transitiveStep by Step Solution
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