File:Economics budget constraint.jpg
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Economics_budget_constraint.jpg (328 × 166 pixels, file size: 598 KB, MIME type: image/jpeg)
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Summary
| Description |
English: Each point on the budget constraint represents a combination of burgers and bus tickets whose total cost adds up to a budget of R100. The slope of the budget constraint is determined by the relative price of burgers and bus tickets. All along the budget set, giving up one burger means gaining four bus tickets. |
| Date | |
| Source | https://openstax.org/details/books/principles-microeconomics (CNX_Econ_C02_001.jpg) |
| Author | OpenStax College |
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File history
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| Date/Time | Thumbnail | Dimensions | User | Comment | |
|---|---|---|---|---|---|
| current | 19:33, 4 September 2017 | | 328 × 166 (598 KB) | Dave Braunschweig | User created page with UploadWizard |
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