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O A https://oou CA Dashboard Online Classroom ResourcesUNU Resources FAQ BA 8 Managerial Economics-OMBA 8 Home / My courses Business Administration / Managerial Ec Chapter 5 Quiz- Due by midnight Wednesday, July 25, 2018 s Week 3 July 19, 2018 - Theory of Consumer Behavior and Elasticity of Dem Queston 2 Not yet If Ferdinand prefers a Big Mac to a Whopper and a Whopper to a hotdog, but is indifferent between a Big Mac and a Quarter Pounder he must Select one O a prefer a Quarter Pounder to a hotdog. Points out of 1.00 F Flag O b be indifferent between a Quarter Pounder and a Whopper O c prefer a Whopper to a Quarter Pounder O d be indifferent between a Whopper and a hotdog Next page Jump to

Explanation / Answer

ANSWER:

The correct answer is option a as he is indifferent between big mac and quarter pounder which means he would prefer quarter pounder to whooper and since he prefers whooper to hot dog, therefore he would prefer quarter pounder to a hotdog.

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