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Jun 18, 2016 at 7:29 comment added Frank Swanton Kitsune, please take a look at my new attempt.. Thanks!
Jun 18, 2016 at 5:31 comment added Kitsune Cavalry Glad I could be of assistance.
Jun 18, 2016 at 5:27 vote accept Frank Swanton
Jun 18, 2016 at 5:26 comment added Frank Swanton Kitsune, thank you for the answer plus the picture; I am thoroughly appreciating the latter one as well :) While I re-read your answer to let it sink in, I at first didn't fully understood their definition of the contour set. Strictly set notation-wise speaking, for example lower contour set, denoted as $L(x)=\{y\in X:x\succsim y\}$. It got me confused, b/c we have $x$ in $L(x)$ but are talking about all other bundles $y$ such that condition. So pictorially, I understand this is basically the LHS lower half of the indifference curve in the case of $\mathbb{R}^2$.
Jun 18, 2016 at 2:15 history answered Kitsune Cavalry CC BY-SA 3.0