Preference and choice Content Preference and rationality The rule of choice Budget Demand function WAand demanded law lecture for Chu Kechen Honors Collegelecture4 for Chu Kechen Honors College Preference and Choice ➢ Content: ⚫ Preference and rationality ⚫ The rule of choice ⚫ Budget ⚫ Demand function ⚫ WA and demanded law