lecture 1 Flashcards
1
Q
What is choice under certainty?
A
2
Q
What are the difference kind of preference? What is a preference?
A
3
Q
What are the rationality conditions?
A
4
Q
What is a menu?
A
5
Q
What is a utility? what does it rapresent?
A
6
Q
To analyze conumer choice what other conditions must be satisfied?
A
7
Q
What is a budget set?
A