Budget Contraints
Completion requirements
Drawing upon a simple analysis of the variables influencing the price of a cup of coffee, this video explains the fundamentals of budget constraints. You can use this resource to revisit the concept of opportunity cost introduced earlier.
Source: Marginal Revolution University, https://youtu.be/sNRZE0kwNGI?si=dlL9NRcUCBeeARPw
This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 License.
Last modified: Monday, 22 July 2024, 2:05 PM