MWG Definition 2.E.2 Walras Law The Walrasian demand correspondence x(p, w)satisfies Walras law if for every>0 and w>0, we have p·x= w for all x∈x(p,w) This just says that the consumer spends all of his wealth Looking ahead, Walras' law will come about as long as consumers are not satiated in at least one of the goodsMWG Definition 2.E.2 Walras’ Law: The Walrasian Demand correspondence xp,w satisfies Walras’ law if for every p 0 and w 0, we have p x w for all x xp,w. This just says that the consumer spends all of his wealth. Looking ahead, Walras’ law will come about as long as consumers are not “satiated” in at least one of the goods