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Microeconomics, Managerial Economics, Indifference Curve, Budget Line Related Links: PlayList on Consumer Theory Edgeworth Box Diagram http://www.facebook.com/partymorestudyless Video Rating: / 5

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Burkhard C. Schipper from the University of California, Davis, discusses material from Chapter 2, Budget Constraint, in his course Intermediate Microeconomic Theory. He introduces a simple of model of budget constraints of a consumer, studies changes of the budget set with respect to changes in prices and income, and discusses how taxes, subsidies, rationing, and […]

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