Consumer's Opportunity Set
Discipline: Business Studies
Type of Paper: Essay (any type)
Academic Level: High school
Paper Format: APA
Pages: 1
Words: 275
Question
a) Consumers'
opportunity set show the various combination of two good that are available
given the amount of income and prices? Do you agree or disagree. Discuss
b) Suppose all prices doubled
and at the same time consumers' income also doubled, will this alter the
consumer's opportunity set. If yes, explain. If no, explain