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kokomel23 kokomel23
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A year ago
In indifference curve analysis, a point to the left of the consumer's budget line

▸ shows a combination of goods that are beyond the income of the household.

▸ indicates consumption spending beyond current income.

▸ implies the household is paying above-market prices for the goods in question.

▸ implies the household is paying below-market prices for the goods in question.

▸ implies that the household is not spending all of its income on the goods in question.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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onidonid
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A year ago
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implies that the household is not spending all of its income on the goods in question.
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kokomel23 Author
wrote...

A year ago
this is exactly what I needed
AlahuKakpar
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Yesterday
Thank you, thank you, thank you!
Natalie Price
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2 hours ago
Thanks for your help!!
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