Re: Revealed preference

Posted by Asd1995 on Jun 18, 2017; 1:06am
URL: http://discussion-forum.276.s1.nabble.com/Revealed-preference-tp7605735p7605751.html

Yes, wht we can say if if Y is preferred over x in some case, then x will not be affordable

px>py (necessary condition for consumer to buy y)