Beta Phase: Square45 is currently in beta testing. Expect some features or content to be incomplete or missing.
45

Completeness Axiom

Requires that for any two bundles, A and B, the consumer can always state a preference (A \succ B, B \succ A, or A \sim B). This ensures the preference relation is well-defined.
📜

The statement of the theorem

For any two bundles A∈X\mathbf{A} \in X and B∈X\mathbf{B} \in X, the preference relation ≻\succ must satisfy the completeness property: A≻B\mathbf{A} \succ \mathbf{B} or B≻A\mathbf{B} \succ \mathbf{A} or A∼B\mathbf{A} \sim \mathbf{B}.