The only way for a consumer choice set to be non-convex is for the budget line to be kinked.
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Q2: If all consumers are price-takers facing the
Q3: For choice sets emerging from "exogenous" income,
Q4: Derive the budget line equation for the
Q5: When the good on the vertical axis
Q10: While the endowment bundle must lie on
Q11: Suppose you are given a coupon for
Q12: Regardless of which consumption bundle in her
Q17: When the good on the horizontal axis
Q18: Consider a consumer with a choice set
Q23: Derive the budget line equation for the
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