Question: code class = asciimath > At observation t , a consumer is observed to buy the bundle x ^ ( t ) inR _ (

code class="asciimath">At observation t, a consumer is observed to buy the bundle x^(t)inR_(+)^(l) at prices p^(t)inR_(++)^(l). Suppose we make the following three observations of a consumer: p^(1)=(2,2,2),x^(1)=(2,0,2);p^(2)=(1,2,3),x^(2)=((1)/(2),3,(1)/(2));p^(3)=(3,2,1),x^(3)=(2,0,3). Are these observations consistent with the maximization of a concave and strictly increasing utility function? Are these observations consistent with the maximization of a strictly concave and strictly increasing utility function?
code class = "asciimath" > At observation t , a

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