A demand set is a model of the most-preferred bundle of goods an agent can afford. The set is a function of the preference relation for this agent, the prices of goods, and the agent's endowment.

Assuming the agent cannot have a negative quantity of any good, the demand set can be characterized this way:

as the number of goods the agent might receive an allocation; that is, the space of nonnegative real vectors of dimension.

.

denote the demand set. Then:

.

See also

• Demand

• Economics

External links

• http://economics.about.com/library/glossary/bldef-demand-set.htm?terms=Demand+Set. .