Re: GE doubt

Posted by Asd1995 on Jun 15, 2017; 3:27am
URL: http://discussion-forum.276.s1.nabble.com/GE-doubt-tp7605611p7605632.html

Wait this was my bad.

max min(x,y)
0*x + py*y=0 ==>demanded bundle has to have y=0, x=anything

geometrically the budget line is horizontal and coincides with the IC, hence infinite number of values are acceptable/optimal/can be demanded.