Re: Micro

Posted by nidhi aggarwal on
URL: http://discussion-forum.276.s1.nabble.com/Micro-tp5202707p5202714.html

How to go threw this question

Q2:. Let X stand for the consumption set and let R, I, P respectively stand for the weak
preference relation, indifference relation and strict preference relation of a consumer.
The weak preference relation R is said to satisfy Quasitransitivity if and only if for all
x, y, z belonging to X, xPy and yPz → xPz. Which of the following preference
relations over X = {x,y,z} satisfy Quasitransitivity?
              a) xPy & yPz & zPx
             b)  xPy & yPz & zIx
             c)  xPy & yIz & zIx
             d)  yPx & yIz & xPz