What is the main proposition of ‘revealed preference theory? What are its basic assumptions and…


What is the ocean sentence of ‘inspired voluptuousness hypothesis? What are its basic assumptions and truism? In what way is inspired voluptuousness hypothesis an advancement balance insignificance incurvation resolution? Consumer claim incurvation can be drawn right far from his observed bargain behaviour. Do you coincide delay the proposition? If yes, elucidate the source of claim incurvation from the inspired voluptuousness truism.