Assume that the consumer 's preference relation is strongly monotonic Then any optimal choice x iquest x for every x X (p,m) exhausts her income, that is, EI PIxI m vi 1 m

Question: Assume that the consumer's preference relation is strongly monotonic. Then any optimal choice x*¿x for every x X (p,m) exhausts her income, that is, EI

Assume that the consumer's preference relation is strongly monotonic. Then any optimal choice x*‰¿x for every x ˆˆ X (p,m) exhausts her income, that is,

EI PIxI = m. vi=1 m.

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