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Endowments Eg.O=(01,O2)=(10,2) states that the consumer is endowed with 10 units of good 1 and 2 units of good 2. What is the endowments value? For which consumption bundles may it be exchanged?Endowments E.g. states that the consumer is endowed with 10 units of good 1 and 2 units of good 2. What is the endowment’s value? For which consumption bundles may it be exchanged?  = ( , ) = ( , ) 1 2 10 2
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