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What are the two assumptions economists make about consumer preferences? Part 2 Economists assume that Part 3 A. satisfactionsatisfaction is measurable in utils and that
What are the two assumptions economists make about consumer preferences? Part 2 Economists assume that Part 3 A. satisfactionsatisfaction is measurable in utils and that consumers can rank different consumption bundles. B. consumer preferences are transitiveconsumer preferences are transitive and that no two consumption bundles give any one consumer the same level of utility. C. consumers can rank different consumption bundlesconsumers can rank different consumption bundles and that consumers are not limited in the amounts of goods and services they can consume. D. utilityutility is measurable in utils and that consumer preferences are transitive. E. consumers can rank different consumption bundles and that consumer preferences are transitive
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