Examlex
Find the quantity if v = 5i - 7j and w = 3i + 2j.
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Transitive Preferences
A principle in which if an individual prefers option A over B, and B over C, then they also prefer A over C.
Preferred
Indicating a greater liking for one alternative over another or others.
Marginal Rate
The rate at which a change is made from one level to another, often used in the context of taxes or interest rates.
Indifference Curve
A graph representing combinations of goods or services among which a consumer is indifferent.
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