Question: Please solve this question Butters consumes two goods, m and y. He prefers the bundle (any) to the bundle (33', y') if and only if

Please solve this question

Please solve this question Butters consumes two goods, m and y. He

Butters consumes two goods, m and y. He prefers the bundle (any) to the bundle (33', y') if and only if (myz'y' > 1). Otherwise he is indifferent between the two bundles that is, if 333; :c'y' S 1. a. Show that the relation of indifference (~) is not transitive for Butters. (Hint: Give an example) b. Show that the strictly preferred relation (>) is transitive for Butters

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