Multiple choice question : Which of the following statements about utility and preferences is false?O H Sidra prefers tea to coffee and coffee to hot chocolate, then she must prefer tea to hot chocolate.O I two individuals, Ingrid and Inez, each consume the same bundle of goods, then both Inez and Ingrid must receive thesame utility from the bundle.O Preferences can be ranked.O Utility cannot be compared across consumers.

Utility measures the satisfaction that people receive form consuming a good or service.

Which of the following statements about utility and preferences is false? O I Sidra prefers tea to coffee and coffee to hot chocolate, then she must prefer tea to hot chocolate. O H two individuas, Ingrid and Inez, each cosume the same bundle of goods, then both Inez and Ingrid must receive the same utility from the bundie. O Preferences can be ranked. O Utility cannot be compared across consumers.