If a consumer has monotonic preferences, can she be indifferent between the bundles (10, 8) and (8, 6)?
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Answer
No. If the consumer's preferences are monotonic, she cannot be indifferent between the combinations (10, 8) and (8, 6). Because, the first combination (10, 8) allows more of both the goods. as compared to the second combination (8, 6). Implying that first combination offers higher level of satisfaction, and the consumer must prefer it to the other.
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