According to the utility theory if one week of food is, Ask an Expert

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According to the utility theory, if one week of food is preferred to one week of clothing, then two weeks of food is a preferred package to one week of food. Identify this assumption on preference.

Monotonicity

Rationality

Convexity

Mix-is-better

Completeness

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M942978

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