'Budget constraints income' diaporamas de présentation

Chapter Two

Chapter Two. Budgetary and Other Constraints on Choice. Consumption Choice Sets. A consumption choice set is the collection of all consumption choices available to the consumer. What constrains consumption choice? Budgetary, time and other resource limitations. Budget Constraints.

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Chapter 2 Budget Constraint

Chapter 2 Budget Constraint. Consumption Choice Sets. A consumption choice set is the collection of all consumption choices available to the consumer. What constrains consumption choice? Budgetary, time and other resource limitations. Budget Constraints.

803 views • 76 slides

Budgetary and Other Constraints on Choice

2. Budgetary and Other Constraints on Choice. Consumption Choice Sets. A consumption choice set is the collection of all consumption choices available to the consumer. What constrains consumption choice? Budgetary, time and other resource limitations. Budget Constraints.

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Budget Constraints

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Chapter Two

Chapter Two. Budgetary and Other Constraints on Choice. Consumption Choice Sets. A consumption choice set is the collection of all consumption choices available to the consumer. What constrains consumption choice? Budgetary, time and other resource limitations. Budget Constraints.

527 views • 40 slides

Budget Set and Constraint for Two Commodities

Budget Set and Constraint for Two Commodities. x 2. Budget constraint is p 1 x 1 + p 2 x 2 = m. m /p 2. x 1. m /p 1. Budget Set and Constraint for Two Commodities. x 2. Budget constraint is p 1 x 1 + p 2 x 2 = m. m /p 2. the collection of all affordable bundles.

227 views • 20 slides