47.9k views
3 votes
Randy likes baseball more than football, football more than basketball, and basketball more than baseball. Which assumption about consumer preferences does this violate

User Ready Cent
by
5.0k points

1 Answer

6 votes

Answer:

transitivity

Step-by-step explanation:

As it is given that

Baseball > football

football > basketball

Basketball > baseball

Based on the above information

The consumer preference of transitivity is violated as the transitivity refers to a process in which the preference of the one good is given over another good

So in the given situation, the third option is correct and the same is to be considered

User Sami Issa
by
5.4k points