Decisions with a budged constraint
Key points The budget constraint is the boundary of the opportunity set—all possible combinations of consumption that someone can afford given the prices of goods and the individual’s income. Opportunity cost measures cost in terms of what must be given up in exchange. Marginal analysis is the process of comparing the benefits...
0 Comments 0 Shares 5442 Views 0 Reviews
Sponsored

Smart Base for TV

A rotating TV base that suits your TV watching needs! This TV base can rotate and adjust to the amount of people watching it, to make it the best watching experience for everyone. It comes with a...

image/svg+xml


BigMoney.VIP Powered by Hosting Pokrov