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What does being available mean? Why is it important to the development of infants?
Indifference Curves
A graph representing different bundles of goods between which a consumer is indifferent, showing equal levels of utility.
Preference Map
A relationship between two variables, X and Y, in which a decrease in X is associated with a decrease in Y, and an increase in X is associated with an increase in Y.
Indifference Curve
a graph showing different combinations of two goods that give a consumer equal satisfaction and utility.
Budget Constraint
The limitations on the consumption choices of an individual or household due to limited financial resources.
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