Business, 20.05.2021 22:10 lekab0001

Identify which assumption each given scenario references have. a. Neha would rather own all black socks or all white socks, rather than 50% of each, because it stresses her out to keep her dresser drawers organized.
b. Sam usually buys three pounds of ham and two pounds of turkey each week at the grocery store. When the grocery store had only 1.99 pounds of turkey available, he didn't feel that worse off.
c. When asked which style of shoes she likes better, Teresa was unable to decide between trainers and boots, but she claims she is not indifferent between them.
d. Lorenzo will always choose to purchase Noke athletic apparel over Adide and Adide apparel over Champer. Therefore, his friends couldn't understand why he bought a Champer sweatshirt instead of a Noke one when both were available.
e. Your brother would prefer to have two computers and a video game console, rather than one computer and a video game console, because he loves technology.

Assumptions:

a. Complete Tastes
b. Transitive Tastes
c. Monotonicity
d. Convexity
e. Continuity

Answers: 1

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Identify which assumption each given scenario references have. a. Neha would rather own all black s...

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