Kyle prefers apples to oranges and oranges to bananas. Yet, Kyle prefers bananas to apples. Which axiom of expected utility theory do Kyle's preferences violate? O Comparability: For consequences X and Y, either X > Y, Y > X, or Y = X O Ordering: If X > Y, and Y > Z, then X > Z Cancellation: If X > Y ,then X + Z> Y + Z None of the above Question 33 1 pts When Lindt Truffles were priced at $.26 and Hershey Kisses were priced at $.01, people preferred Lindt Truffles to Hershey Kisses. When each was discounted by a penny (Lindt Truffles were priced $.25 and Hershey Kisses were free), people switched their preference and started to prefer Hershey Kisses to Lindt Truffles. Which axiom of expected utility theory does this preference switching violate? O Comparability: For consequences X and Y, either X > Y, Y > X, or Y = X Ordering: If X > Y, and Y > Z, then X > Z Cancellation: If X > Y ,then X + Z > Y + Z None of the above