Economics · Consumer Theory

When goods are consumed or bought only in whole numbers or non-fractional units, the consumer's preferences are referred to as _______.

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Quasi-linear preferences
2Non-discrete preferences
3Discrete preferences✓
4Cobb-Douglas preferences

Correct answer

Discrete preferences

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When goods are consumed or bought only in whole numbers or non-fractional units, the consumer's preferences are referred to as _______.

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When goods are consumed or bought only in whole numbers or non-fractional units, the consumer's preferences are referred to as _______.

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