中级微观经济学-Ch2-Bugdet-Constraint.pptVIP

Chapter 2Budget Constraint Structure of Chapter 2 2.1 The definition and properties of budget constraint Algebra Graph 2.2 Changes in budget constraint 2.3 Government taxes and their effect on budget constraint 2.1 The Budget Constraint A consumption set（消费集, X）is the set of all consumption bundles（消费组合）that the consumer can conceive. Consumption Bundle A consumption bundle x=(x1, x2, … , xn) is a vector containing different quantities of each of the n commodities. x1 units of commodity 1, x2 units of commodity 2 and so on up to xn units of commodity n. Non negative constraint: x=(x1