Let be a continuous preference relation on n+. Assume that is strongly monotonic. There exists

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Let ≿ be a continuous preference relation on ℜn+. Assume that ≿ is strongly monotonic. There exists a continuous function u: ℜn+ → ℜ which represents the preferences.

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Foundations of Mathematical Economics

ISBN: 978-0262531924

1st edition

Authors: Michael Carter

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Question Posted: May 02, 2016 11:39 AM

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Let be a continuous preference relation on n+. Assume that is strongly monotonic. There exists

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Let be defined Let x be a sequence converging to x Let x and x We need to show that has a conv...View the full answer

Foundations of Mathematical Economics

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