Which of the following sets of preferences satisfies the property of transitivity?
A) Cookies are preferred to pie. Pie is preferred to brownies. Cookies are preferred to brownies.
B) Cookies are preferred to pie. Brownies are preferred to pie. Pie is preferred to cookies.
C) Cookies are preferred to ice cream. Ice cream is preferred to brownies. Brownies are preferred to cookies.
D) Cookies are preferred to pie. Ice cream is preferred to cookies. Pie is preferred to ice cream.
Correct Answer:
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