Session 14 the theory of consumer choice
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Lecture 6
Theory of Consumer Behaviour Prof. Ravikesh Srivastava Lecture-7.
Consumer Choice ETP Economics 101. Budget Constraint The budget constraint depicts the limit on the consumption “ bundles ” that a consumer can afford.
Review of the previous lecture A consumer’s budget constraint shows the possible combinations of different goods he can buy given his income and the prices.
Appendix 4.A
