Question

suppose,mayank consumes burger and garlic bread.which of the following bundle of Burger and garlic bread will mayank choose if he has monotonic preference.
a)BundleA(5,7)
b)BundleB(4,7)
c)BundleC(5,6)
d)none of these​

Answer 1

BUNDLE A(5,7)is the answer

Answer 2

Answer: a) Bundle A(5,7)

Explanation:

• First of all we need to understand the concept of monotonic preference which states that if a person has this preference then instead of the price of one item is more then also he would not take the other item less.
• Here the same case applies to Mayank who has this monotonic preference.
• Here, he will buy Bundle A which has 5 burgers and 7 garlic bread.
• Hence, option a is correct answer.

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