Examlex
An administrator is opening a firewall to allow encrypted communication with a website. Which of the following is the administrator MOST likely to open on the firewall?
Income
Funds acquired regularly as earnings from employment or investment returns.
Substitution Effect
The change in consumption patterns due to a change in relative prices, holding the consumer's utility level constant.
Income Effect
The change in an individual's consumption choices resulting from a change in real income, due to changes in price.
Optimal Consumption Bundle
The mix of products and services that optimizes a buyer's satisfaction within their spending limit.
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