A child indicates that she prefers going to the zoo over the park and prefers going to

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A child indicates that she prefers going to the zoo over the park and prefers going to the beach over the zoo. When given the choice between the park and the beach, she chooses the park. Which of the following assumptions of consumer preference theory is she most likely violating?

A. Nonsatiation 

B. Complete preferences 

C. Transitive preferences

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Related Book For  answer-question

Economics For Investment Decision Makers

ISBN: 9781118111963

1st Edition

Authors: Sandeep Singh, Christopher D Piros, Jerald E Pinto

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