Price-consumption curve
id:
price-consumption-curve-254-160397
title:
Price-consumption curve
text:
In economics, a price-consumption curve represents how consumers' consumption bundles change as the price of one good changes while holding income, preferences, and the price of the other good constant. Price-consumption curves are constructed by taking the intersection points between a series of indifference curves and their corresponding budget lines as the price of one of the two goods changes. Price-consumption curves are used to connect concepts of utility, indifference curves, and budget l
brand slug:
wiki
category slug:
encyclopedia
description:
Economic concept
original url:
https://en.wikipedia.org/wiki/Price-consumption_curve
date created:
date modified:
2024-03-06T04:18:01Z
main entity:
{"identifier":"Q121842098","url":"https://www.wikidata.org/entity/Q121842098"}
image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/9/9b/Price_offer.jpg","width":1337,"height":1345}
fields total:
13
integrity:
15