Question 3
When a person prefers Mango to Apple, Apple to Guava and Guava to Mango, his preference violates
Completeness
Reflexivity
Transitivity
Convexity
Question 3: When a person prefers Mango to Apple, Apple to Guava and …
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Correct answer
Transitivity
Question 3 of 19 in the IIT Madras BS Managerial Economics (Managerial Economics) Quiz 1 paper sat on 25 Feb 2024, in the January 2024 term (IIT M DEGREE AN2 EXAM QDB2 25 Feb 2024). It carries 1 mark.
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