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Match each consumer term to its meaning

Exercise and reference answers

Matching pairs
  1. Left
    Budget set
    Right
    Every bundle the consumer can afford
  2. Left
    Budget line
    Right
    Bundles that cost exactly the whole income
  3. Left
    Indifference curve
    Right
    Bundles giving the same satisfaction
Instructions
Tap a term on the left, then tap what it means.

Explanation

_Source: syllabus Introductory Microeconomics Ch2 Consumer Behaviour, 2.2.1 Budget Set and Budget Line_
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