Transitivity is an assumption on consumer preferences that states that any bundle is at least as good as itself.

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Transitivity in consumer preferences means if a consumer prefers bundle A over bundle B and prefers bundle B over bundle C, then the consumer must also prefer bundle A over bundle C. It does not refer to a bundle being at least as good as itself; that concept is called reflexivity.

Transitivity Is an Assumption on Consumer Preferences That States That