Re: DSE Q.NO-34 2010

Posted by Amit Goyal on Jun 24, 2011; 12:17am
URL: http://discussion-forum.276.s1.nabble.com/DSE-Q-NO-34-2010-tp6502921p6510478.html

Poonam, Given that the price of x is positive (p_x > 0) and price of y is positive (p_y > 0), if you lexicographically prefers x to y then the demand function for x = M/p_x, y =0 (Think why?)