Which of the following is NOT one of the assumptions for the theory of consumer behavior?

Question

Accepted Answer

Indifference curves are concave.

Answer

Consumers have complete knowledge regarding their money income, the prices of all goods and services, and the capacity of each good to satisfy the consumer.

Answer

More of a good is preferred to less of a good.

Answer

Consumers can rank order all bundles of goods.

Answer

both b and c

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Which of the following is NOT one of the assumptions for the theory of consumer ...

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