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If I have a data set of a consumers demand for two goods at different prices at the prices p 0 = (1, 2) the
If I have a data set of a consumers demand for two goods at different prices
at the prices p0 = (1, 2) the consumer demands x0 = (4, 2)
at the prices p1 = (2, 1) the consumer demands x1 = (3, 3)
at the prices p2 = (1, 1) the consumer demands x2 = (1, 6)
I need to figure out, is x1 revealed preferred to x0 ?
and is x1 revealed preferred to x2 ?
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