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Title: A consumer's budget constraint is Post by: michlee on Feb 26, 2019 A consumer's budget constraint is
• the limited income that a consumer has to spend on goods and services. • the rate at which the consumer must give up one good to purchase an additional unit of the other goods in the market. • the price ratio a consumer faces in the marketplace. • the extent to which one's preferences are limited by one's income. Title: A consumer's budget constraint is Post by: jaded 7 on Feb 26, 2019 Content hidden
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