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Examples of restorative justice in Indigenous communities include sentencing circles, which involve the person who has done the harm, the victim, and community members such as Elders and family members.
Budget Constraint
A budget constraint represents the limits on the consumption bundles that a consumer can afford, given the consumer's income and the prices of goods.
Opportunity Set
All possible combinations of consumption and leisure that a person can achieve given their resources and prices.
Income
The money received, typically on a regular basis, for work or through investments.
Budget Constraint
Represents the combinations of goods and services that a consumer can afford to buy with their limited income.
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