Question: A weak preference relation R is called quasi - transitive iff the strict preference relation P is transitive. Four consumers a , b , c
A weak preference relation R is called quasitransitive iff the strict preference relation P is transitive. Four consumers a b c and d'have preference relations over a triple x y z provided below. Which consumer's preference relation satisfies quasitransitivity?
xPy & yPz & zPx
b xly & ylz & xPz
c xPy & yPz & xiz
d yPx & zPy & xPz
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