Your friend Trevor really likes ice-cream. He prefers choc-mint to lemon and lemon to cookies and cream, but choc-mint to cookies and cream. Which of the following statements is true?

Question

Answer

Trevor shows intransitive preferences and is susceptible to becoming a ‘money-pump’

Answer

Trevor shows transitive preferences and is susceptible to becoming a ‘money-pump’

Answer

Trevor shows transitive preferences and is not susceptible to becoming a ‘money-pump’

Answer

Trevor shows intransitive preferences and is not susceptible to becoming a ‘money-pump’

Crowdly

Your friend Trevor really likes ice-cream. He prefers choc-mint to lemon and lem...

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