Explore Westonci.ca, the leading Q&A site where experts provide accurate and helpful answers to all your questions. Get quick and reliable solutions to your questions from a community of seasoned experts on our user-friendly platform. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

Let pm be a sequence of strictly positive prices converging to p¯, and let a consumer’s endowment vector be e. Show that the sequence {pm · e} of the consumer’s income is bounded. Indeed, show more generally that if a sequence of real numbers converges, then it must be bounded.