Economic Analysis: Theory and Application

Economic Analysis: Theory and Application
ISBN-10
0256020272
ISBN-13
9780256020274
Category
Economics
Pages
520
Language
English
Published
1978
Publisher
McGraw-Hill/Irwin
Authors
Charles E. Ferguson, S. Charles Maurice

Description

Given three bundles of goods ( A , B , and C ) , if an individual prefers A to B and B to C , he must prefer A to C. Similarly ... If you drive a Ford rather than a Rolls Royce , we cannot infer that you prefer a Ford to a Rolls .

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