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Multiple Choice 1. Claire prefers a bundle containing 2 loaves of bread and 500 grams of cheese to another bundle containing 3 loaves of bread

Multiple Choice

1. Claire prefers a bundle containing 2 loaves of bread and 500 grams of cheese to another bundle containing 3 loaves of bread and 700 grams of cheese. This means that her preferences must violate

a. monotonicity

b. transitivity

c. reflexivity

d. convexity

2. Suppose Abed's indifference curves for two goods are shown by the figure below.

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