We assume that the representative consumer's preferences exhibit the properties that
a. each consumer has one strictly preferred good and that consumption and leisure are both normal goods.
b. more is always preferred to less and that each consumer has one strictly favored good.
c. consumption and leisure are both normal goods and that the consumer likes diversity in his or her consumption bundles.
d. they are convex and that more is not necessarily preferred to less.

John has served as the chief operating officer (coo) for business graphics, inc., a publicly owned firm, the past 5 years. which of the following statements about john is correct? both john and the ceo of business graphics must certify to the sec that the firm's financial statements are accurate. as the coo, john will be ranked higher than the ceo but still below the cfo. in john's postition as the coo, it is highly unlikely that he would also be the chairperson of the board of directors. as the coo, john would typically be involved with accounting, finance, and asset purchase decisions.