Examlex
A triac acts like
Decrease In Income
A reduction in the amount of money earned or received by an individual or household.
Consumer Purchases
Transactions made by individuals or households for goods and services for personal use.
Products
Tangible or intangible goods offered by businesses to consumers in exchange for payment.
Budget Line
A graphical representation of all possible combinations of two goods that can be purchased with a given income and prices, illustrating consumer choice.
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