Feasible Set

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August 31, 2024 5 min read Definitions
Feasible Set: Exploring Constraints and Allocations in Economic Models
Economics Finance Feasible Set Economic Model Constraints Consumer Choices Edgeworth Box
The feasible set encompasses all possible allocations within an economic model that meet the stipulated constraints. This concept is central to consumer choices, budget constraints, and the Edgeworth box in an exchange economy.
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