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Question 2 (8 points) Assume that the set of alternatives is X = { m, n, o, p, and consider the preference relation ~ over
Question 2 (8 points) Assume that the set of alternatives is X = { m, n, o, p, and consider the preference relation ~ over X such that: prm, pzn, pzo, ozn, nzo, mzn, mzo, map i) (2 marks) Is the preference relation complete? Explain. ii) (2 marks) Is the preference relation transitive? Explain. iii) (2 marks) Derive the preference relation > and the indifference relation ~ associated with . iv) (2 marks) Provide a utility function u(a ) that represents
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