Budget Constraints – Intermediate Microeconomics
https://open.oregonstate.education/intermediatemicroeconomics/chapter/module-3/
WEBMathematically, the total amount the consumer spends on two goods, A A and B B, is. P AA + P BB P A A + P B B (3.1) where P A P A is the price of good A A and P B P B is the price of good B B. If the money the consumer has to spend on the two goods, their income, is given as I I, then the budget constraint is.
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