skip to Main Content
The smarter way
to do assignments.

Please note that this is just a preview of a school assignment posted on our website by one of our clients. If you need assistance with this question too, please click on the Order button at the bottom of the page to get started.

Over a three-year period, an individual exhibits the following consumption behavior:Is this behavior consistent with the strong axiom of revealed preference?
No. Reveal preferred implies that the quantity -weighted price of a selected bundle is less than for any nonselected bundle. But in the above this clearly does not hold. For example, bundle 3 could be purchased for less than the…

bundle 1 bought at year 1 prices. (Since less of Y is purchase in year 3).So, this behavior is not consistent with the strong axiom of revealed preference(SARP)


Clicking on this button will take you to our custom assignment page. Here you can fill out all the additional details for this particular paper (grading rubric, academic style, number of sources etc), after which your paper will get assigned to a course-specific writer. If you have any issues/concerns, please don’t hesitate to contact our live support team or email us right away.

How It Works        |        About Us       |       Contact Us

© 2018 | Intelli Essays Homework Service®

Back To Top