Budget set
A budget set or opportunity set includes all possible consumption bundles that someone can afford given the prices of goods and the person's income level. The budget set is bounded above by the budget line. In set notation, for consumption goods with associated prices , the budget set is where is income, and the consumption set is assumed to be the nonnegative orthant in . Graphically speaking, all the consumption bundles that lie inside the budget constraint and on the budget constraint form the budget set or opportunity set. By most definitions, budget sets must be compact and convex.
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Budget set
A budget set or opportunity set includes all possible consumption bundles that someone can afford given the prices of goods and the person's income level. The budget set is bounded above by the budget line. In set notation, for consumption goods with associated prices , the budget set is where is income, and the consumption set is assumed to be the nonnegative orthant in . Graphically speaking, all the consumption bundles that lie inside the budget constraint and on the budget constraint form the budget set or opportunity set. By most definitions, budget sets must be compact and convex.
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A budget set or opportunity se ...... ts must be compact and convex.
@en
Бюджетное множество — понятие, ...... и запасами экономических благ.
@ru
预算集(英語:budget set,或称機會集)指包含在指定商品價格和個人收入水平的情況下的所有可能的消費組合。预算集在預算線之上。
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A budget set or opportunity se ...... ts must be compact and convex.
@en
Бюджетное множество — понятие, ...... и запасами экономических благ.
@ru
预算集(英語:budget set,或称機會集)指包含在指定商品價格和個人收入水平的情況下的所有可能的消費組合。预算集在預算線之上。
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label
Budget set
@en
Güterbündel
@de
Бюджетное множество
@ru
预算集
@zh