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Question: multiple choice 8 pedro buys market basket a that includes...

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Multiple Choice 8. Pedro buys market basket A that includes 10 books at a price of $20 per book and 10 DVDs at a price of S10 per DVD. Market basket B contains 12 books and 12 DVDs. Based on this information, which of the following statements is NOT true? a. If the prices change and Pedro chooses market basket C, which now costs the same as basket B, then basket C is prefer to basket A. b. Revealed preference analysis implies that Pedro only prefers basket B to basket A if basket A is more expensive c. Pedro prefers market basket B to basket A d. Market basket B will cost more than basket A Clothing C pvrwowk) Food,F units per wwk)
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