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QUESTION

When comparing two alternatives X and Y, a consumer either prefers X to Y, prefers Y to X, or is indifferent between them. This property is called:...

When comparing two alternatives X and Y, a consumer either prefers X to Y, prefers Y to X, or is indifferent between them. This property is called:

1completeness.

2the choice principle.

3transitivity.

4the ranking principle.

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