There is a set of goods, $x=\left(x_{1}, x_{2}, \ldots x_{N}\right)$. Yolanda can only afford $x_{1}, x_{4}, x_{N-1}$. If Yolanda chooses $x_{1}$ then $x_{1}$ is directly revealed preferred to $x_{2}$.

Name: There is a set of goods, $x=\left(x_{1}, x_{2}, \ldots x_{N}\right)$. Yolanda can only afford $x_{1}, x_{4}, x_{N-1}$. If Yolanda chooses $x_{1}$ then $x_{1}$ is directly revealed preferred to $x_{2}$.
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Question

Quizplus · Accepted Answer

$x_{2}$ was not affordable for Yolanda and thus was not an available choice.

There Is a Set of Goods x=(x1,x2,…xN)x=\left(x_{1}, x_{2}, \ldots x_{N}\right)x=(x1​,x2​,…xN​) Yolanda Can Only Afford

There Is a Set of Goods $x=\left(x_{1}, x_{2}, \ldots x_{N}\right)$ Yolanda Can Only Afford