Budget constraints

0 votes
    limit the amount of goods and services that a consumer can purchase in a given time period.
     can be circumvented by consumers if rational purchasing decisions are made.
     are known to exist for the consumer but cannot be quantified.
     are easily circumvented by borrowing funds to purchase additional goods and services.
asked Jun 2, 2013 in Economics by anonymous
    

1 Answer

0 votes
limit the amount of goods and services that a consumer can purchase in a given time period.
answered Jun 3, 2013 by Xyz ~Expert~ (3,650 points)



...