The statement "There is no accounting for taste" implies
A) individuals all have the same preferences.
B) individuals all have different cardinal preferences but the same ordinal preferences.
C) individuals all have different ordinal preferences but the same cardinal preferences.
D) individuals all have different ordinal and cardinal preferences.
D
Economics
You might also like to view...
The ________ equals the number of ________
A) labor force; persons over 16 years old B) labor force; unemployed and employed persons C) working age population; employed persons D) unemployment rate; people unemployed
Economics
Which of the following is NOT an example of off-balance-sheet lending?
A) a swap B) a standby letter of credit C) a loan commitment D) a loan sale
Economics