Examlex
Which of the following is an example of time-deepening?
Indifference Curve
A graph that represents combinations of goods among which a consumer is indifferent, showing the same level of satisfaction to the consumer.
Utility
A measure of satisfaction, usefulness, or pleasure derived from consuming goods and services.
Budget Constraint
A limit on the consumption bundles that a consumer can afford given the prices of goods and the consumer's income.
Utility
The satisfaction or benefit derived from the consumption of goods and services.
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