Budget Constraints
Understand the constraints faced by consumers in their spending decisions.
Budget Constraint Controls
Price of Good X10
Slide right to increase the price of good X. Slide left to decrease the price of good X.
Price of Good Y10
Slide right to increase the price of good Y. Slide left to decrease the price of good Y.
Consumer Income100
Slide right to increase consumer income. Slide left to decrease consumer income.
The Budget Constraint for Goods X and Y
Budget Constraint (BC)
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