Examlex
Which of the following is an example of a want?
Shift Outward
An economic term referring to the expansion of a production possibility frontier, indicating an increase in an economy's capacity to produce.
Budget Lines
Graphical representations of all possible combinations of two goods that a consumer can afford given their income and the prices of the goods.
Indifference Curves
Graphical representations in microeconomics showing different bundles of goods between which a consumer is indifferent.
Linear
A relationship or function that can be graphically represented in two dimensions by a straight line.
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