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/
Economics
/
Consumer Theory
/
Budget Constraint
Budget Constraint
The set of bundles
(
x
1
,
.
.
.
,
x
n
)
(x_1, ..., x_n)
(
x
1
,
...
,
x
n
)
affordable given income
m
m
m
and prices
(
p
1
,
.
.
.
,
p
n
)
(p_1, ..., p_n)
(
p
1
,
...
,
p
n
)
:
∑
i
=
1
n
p
i
x
i
≤
m
\sum_{i=1}^{n} p_i x_i \le m
∑
i
=
1
n
p
i
x
i
≤
m
.