Examlex
The New Zealand Way program was an initiative by the government of New Zealand to raise awareness and attract tourists by showing the dramatic landscapes featured in "The Lord of the Rings" film trilogy. This is an example of a government trying to strengthen its ________.
Completeness
A principle in consumer theory stating that consumers can rank all possible bundles of goods in terms of preference.
Transitivity
In preferences, it's the principle that if option A is preferred to B, and B is preferred to C, then A should be preferred to C.
Nonsatiation
The assumption in economics that more of a good or service is always preferred to less, implying that there is no saturation point in consumption.
Prefer
Expressing a choice or inclination towards one option or item over another.
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