assumptions or Axioms of consumer preference
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The consumer bundle is represented by X and Y. The first assumption is completeness. With completeness, there is direct relationship between the X and Y bundles. We could use completeness to analyze how various bundles exist. Three macroeconomic factors that could affect interest rate and overall mortgage refinancing position. Provision of stability enables people to borrow more loans when there is a slump in the National economic market. Provision of securities gives MBS a head start over other Mortgages because of its volatility and accessibility. Transitive assumption. The assumption in this model depends on direct relationship between X and Y. Transitive assumptions depicts the consumer as the main subject while the axioms are represented by an increasing consumer preference. The neatest little guide to stock market investing.
assumptions or Axioms of consumer preference
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