When prices are 4 2 valerie chooses the bundle 9 18 and, Ask an Expert

Economics

Q. When prices are ($4, $2), Valerie chooses the bundle (9, 18), and when prices are ($1, $2), she chooses the bundle (8, 14). Is Valerie's choice of bundles consistent with the Weak Axiom of Revealed Preference?

Q. Airbage use led to increase in car crash.despite this finding,the government manadates that new cars have air bags rather than taxing their use.is this policy a contradiction

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9283777

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