In order for a preference relation to be considered rational, it must satisfy which of the following
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Question:
In order for a preference relation to be considered rational, it must satisfy which of the following properties?
Group of answer choices
It must be symmetric and reflexive.
It must be complete, symmetric and transitive.
It must be transitive and complete.
It must be complete and reflexive.
It must be symmetric, complete, transitive, and reflexive.
It must be transitive and symmetric.
Expert Answer:
E It must be symmetric complete transitive and reflexive When a preference order is both transitive ... View the full answer
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