Match each consumer term to its meaning
Exercise and reference answers
- Matching pairs
- Left
- Budget set
- Right
- Every bundle the consumer can afford
- Left
- Budget line
- Right
- Bundles that cost exactly the whole income
- 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_