A rational consumer has monotonic preferences, meaning he always prefers a bundle containing more of at least one good and no less of any other good. This rationality drives the consumer to always aim for the highest possible indifference curve within the budget set.
A rational consumer is the one who has :
CUET UG 2023 — Economics Micro
A rational consumer is the one who has :
Verified 13 Jul 2026.
Options
- A
Many set of bundles
- B
Monotonic preference
- C
With high budget
- D
Not ready to substitute one good for the other
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