Re: Micro
Posted by
priyanka p on
URL: http://discussion-forum.276.s1.nabble.com/Micro-tp5202707p5203707.html
it is option(c) u go by ruling out, all the other options donot satisfy the property, and this option is trivially true, bcoz v cannot check the preference relation here
On Mon, Jun 21, 2010 at 7:46 AM, NIDHI [via Discussion forum]
<[hidden email]> wrote:
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