Suppose that bundle 1 is preferred to bundle 2, and bundle 2 is preferred to bundle 3. What can we infer about a consumer's preferences between bundles 1 and 3? Bundle 1 is preferred to bundle 3. Bundle 3 is preferred to bundle 1. We can conclude that bundle 1 is preferred to bundle 3 only if bundle 1 has contains more units of each good than does bundle 3. Not enough information given