File:Economics tradeoff diagram.jpg

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Summary

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English: Both the individual opportunity set (or budget constraint) and the social production possibilities frontier show the constraints under which individual consumers and society as a whole operate. Both diagrams show the tradeoff in choosing more of one good at the cost of less of the other.
Date
Source https://openstax.org/details/books/principles-microeconomics (CNX_Econ_C02_014.jpg)
Author OpenStax College

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28 January 2014

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current20:17, 4 September 2017Thumbnail for version as of 20:17, 4 September 2017585 × 313 (60 KB)Dave BraunschweigUser created page with UploadWizard

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