Difference between revisions of "Budget line"
From ACT Wiki
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| − | A graphical representation of the amounts an individual can buy of two alternative goods, given | + | A graphical representation of the amounts an individual can buy of two alternative goods, given the individual's income and the prices of the goods. |
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* [[Supply curve]] | * [[Supply curve]] | ||
* [[Indifference curves]] | * [[Indifference curves]] | ||
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| + | [[Category:Financial_products_and_markets]] | ||
Latest revision as of 09:21, 22 February 2018
A graphical representation of the amounts an individual can buy of two alternative goods, given the individual's income and the prices of the goods.
