A consumer's preferences are monotonic if and only if between two bundles, the consumer prefers the bundle which has ______.
CA Foundation · Business Economics · MTP · January 2026
A consumer's preferences are monotonic if and only if between two bundles, the consumer prefers the bundle which has ______.
Suggested Answer and Working Notes:
Correct Answer: Option (D)
D. more of at least one of the goods and no less of the other good.
Topics: Theory of Demand and Supply
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