When prices are ($2, $10), Emil chooses the bundle (1,
Question and Solution
When prices are ($2, $10), Emil chooses the bundle (1, 6), and when prices are ($12, $4), he chooses the bundle (7, 2)
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When prices are ($2, $10), Emil chooses the bundle (1, 6), and when prices are ($12, $4), he chooses the bundle (7, 2). Is Emilâ€™s choice of bundles consistent with the Weak Axiom of Revealed Preference?
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