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Topic: goemetric equilibrium and algebraic conditions!
Conf: Chapter 1, Consumer Theory, Msg: 15056
From: Ayan Sen (saneion@yahoo.com)
Date: 2/9/2005 12:38 AM

goemetric equilibrium and algebraic conditions! Ayan Sen ayansen saneion@yahoo.com Hi!

i really need help on this one. so if somebody can help me out on this one, i will be grateful.

here's the question:

Suppose there are only two commodities that are always consumed in fixed proportions.
1.Show indifference curves and the equilibrium geometrically.
2.What are the necessary algebraic conditions for an equilibrium?

Thank you.