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Which one of the following is TRUE? A) If a consumer has monotonic preferences, then the demand of the consumer must be contained in the
Which one of the following is TRUE?
A) If a consumer has monotonic preferences, then the demand of the consumer must be contained in the budget line
B) If a consumer has strongly monotonic preferences, then the demand of the consumer can contain at most one point
C) If a consumer has incomplete preferences, then the consumer's demand is empty for all non-negative prices and non-negative incomes
D) A consumer with complete, transitive, continuous preferences has non-empty demand for all non-negative prices and non-negative incomes
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