Marginal Utility Budget Line

Requires a Wolfram Notebook System

Interact on desktop, mobile and cloud with the free Wolfram CDF Player or other Wolfram Language products.

Requires a Wolfram Notebook System

Edit on desktop, mobile and cloud with any Wolfram Language product.

Raise or lower the budget. Modify the prices of two goods to change how much of each can be bought with a given budget. Modify the mix of consumption to get the most out of your budget. The utility curves show the levels of satisfaction attained by your mix.

Contributed by: Michael Schreiber (September 2007)
Open content licensed under CC BY-NC-SA


Snapshots


Details

detailSectionParagraph


Feedback (field required)
Email (field required) Name
Occupation Organization
Note: Your message & contact information may be shared with the author of any specific Demonstration for which you give feedback.
Send