Question: Show that if a preference > - = is complete, then for any bundles B 1 and B 2 , either B 1 > -

Show that if a preference >-= is complete, then for any bundles B1 and B2, either
B1>-=B2 or B2>-B1.
Show that if a preference > - = is complete, then

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!