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20 Feb 2018
Briefly explain in your own words the difference between a budget constraint and a demand function.
What do the variables on the axes of a budget constraint indicate? What are their units of measure? What sort of information do you get from a budget constraint?
What do the variables on the axes of a demand function indicate? What are their units of measure? What type of information do you get from a demand function?
Briefly explain in your own words the difference between a budget constraint and a demand function.
What do the variables on the axes of a budget constraint indicate? What are their units of measure? What sort of information do you get from a budget constraint?
What do the variables on the axes of a demand function indicate? What are their units of measure? What type of information do you get from a demand function?
Keith LeannonLv2
20 Feb 2018
