Budget Constraints Q: When is a bundle (x,.., Xni affordable at prices p1,.,pn? A: When p11+∴+pnXn≤m where m is the consumers (disposable)income.Budget Constraints Q: When is a bundle (x1 , … , xn ) affordable at prices p1 , … , pn? A: When p1x1 + … + pnxn  m where m is the consumer’s (disposable) income