Ejercicio Exercise 14 · Microeconomía II UPF 2015
Tema: Revealed preference · Del examen Mid-Term Exam May 2015 (2015)
Enunciado
Exercise 14 (5 points). Revealed preference axioms (WARP and SARP)
In 2013, Mark had sufficient budget to afford bundles A and B, and he chose B. In 2014, he had enough budget to afford bundles A and C, and he chose C. In 2015, all three bundles (A, B, and C) are affordable to him. Which revealed preference axioms are consistent with Mark choosing bundle C in 2015?
Solución
Según los criterios oficiales de corrección
Which revealed preference axioms are consistent with Mark choosing bundle C in 2015?
Solución: a. WARP and SARP are consistent.
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