Examlex
Correctly match the definition with the correct geologic time period.
-repeated advance and retreat of glaciers; evolution of humans; extinction of large mammals and birds; 0-2.6 mya
Optimal Consumption Bundle
The blend of items and services that enhances a buyer's fulfillment to the fullest within their spending ability.
Consumption Bundle
A combination of goods and services that a consumer chooses to consume within a given time period.
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.
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