[btmagnetw]

thanks for the help. i took this class at UT austin before, and this never came up. i'm studying abroad in Hong Kong now, and i'm taking it again since my friend is, and i figured i could breeze through it the second time. mostly i am, but the professor has included a lot of stuff like this that isn't even in the book.

ok, so if i read the first statement as:

the marginal utility of the highest bundle minus lambda* times the price is less than or equal to 0.

is that correct? i don't understand why it should be, but i just want to see if i'm reading it right.