Examlex
Give the common name for the structure.
Price of Y
This generally refers to the cost required to purchase a specific item or commodity denoted as "Y".
Income
Funds acquired regularly as a result of work or investment ventures.
Utility Function
Represents a consumer's preferences in a way that the utility or satisfaction they get from various goods or services can be measured and compared.
Budget Constraint
A limitation on the consumption choices of individuals or households, based on their income and the prices of goods and services.
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