Examlex
Suppose we buy quantities and , respectively, of two goods.The following graph shows the budget constraint
, where and are the prices of the two goods and k is the available budget.If the budget is doubled, but prices remain the same, what is the
intercept of the new budget constraint?
Body Mass Index
A numerical value derived from a person’s weight and height, used to classify underweight, normal weight, overweight, and obesity.
BMI
Body Mass Index, a measure calculated from a person's weight and height, used to classify underweight, normal weight, overweight, or obesity.
Celsius
A scale for temperature in which 0 degrees represents the freezing point of water and 100 degrees its boiling point at sea level.
Fahrenheit
A temperature scale in which water freezes at 32 degrees and boils at 212 degrees under standard atmospheric conditions.
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