Carlos has at one time or another lived in Argentina, Bolivia, and Colombia.He buys only two goods, x and y.In Argentina the prices were ($9, $3)and he consumed the bundle (6, 7).In Bolivia he consumed (9, 2).In Colombia he consumed the bundle (6, 5)at the prices ($3, $3).
A)The Argentine bundle is directly revealed preferred to the Bolivian bundle.
B)The Argentine bundle is indirectly revealed preferred to the Bolivian bundle.
C)The Colombian bundle is directly revealed preferred to the Argentine bundle.
D)The Bolivian bundle is indirectly revealed preferred to the Argentine bundle.
E)None of the above.

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The Answer of Carlos has at one time or another lived in Argentina, Bolivia, and Colombia.He buys only two goods, x and y.In Argentina the prices were ($9, $3)and he consumed the bundle (6, 7).In Bolivia he consumed (9, 2).In Colombia he consumed the bundle (6, 5)at the prices ($3, $3).
A)The Argentine bundle is directly revealed preferred to the Bolivian bundle.
B)The Argentine bundle is indirectly revealed preferred to the Bolivian bundle.
C)The Colombian bundle is directly revealed preferred to the Argentine bundle.
D)The Bolivian bundle is indirectly revealed preferred to the Argentine bundle.
E)None of the above.

Carlos Has at One Time or Another Lived in Argentina