9. (JR 2.10) Hicks (A Revision of Demand Theory, 1956) offered the following example to demonstrate how the WARP can fail to result in transitive revealed preferences when there are more than two goods. The consumer chooses bundle xt at prices pt, t = 0, 1, 2, where p-(1, 1, 2), xo _ (5, 19, 9), pl (1, 1,1), Xi (12, 12, 12), p-(1, 2, 1), (a) Show that these data satisfy the WARP. Do so by considering all possible pair-wise comparisons of the bundles and showing that, in each case, one bundle in the pair is (directly) revealed preferred to the other. (b) Find the intransitivity in the revealed preferences.

b. 1.25 hr

step-by-step explanation:

if you have a constant speed of 60 mph, then you have a ratio between 60 mi. to 1 hr. dividing both sides by 60 we get the ratio

1 mi. to

then mult. both sides by 75 we get the ratio

75 mi. to

simplifying we get

75 mi. to

or 1.25 hr.

1. x> -5

2. x< 8

step-by-step explanation:

1. 2x> -10

divide by 2 from both sides of equation.

2x/2> -10/2

simplify, to find the answer.

-10/2=-5

x> -5 is the correct answer.

2. 3x< 24

divide by 3 from both sides of equation.

3x/3< 24/3

simplify, to find the answer.

24/3=8

x< 8 is the correct answer.

i hope this you, and have a wonderful day!

x=-7

step-by-step explanation:

x+3=-10

-10+3=-7

x=-7

the number of possible outcomes that do not show a 1 on the first spinner and show the number 4 on the second spinner is 2.

spinner 1 spinner 2

1                     1

1                     2

1                     3

1                     4

2                   1

2                   2

2                   3

2                   4   = not 1, and 4

3                   1

3                   2

3                   3

3                   4 = not 1, and 4

only 2 outcomes have passed the given condition.

step-by-step explanation: