š Budget Lines & Indifference Curves
X: Good B Ā· Y: Good A Ā· both axes from 0 to 30
š¦ Drag a
budget line
by its end dots or anywhere near the line.
š§ Drag an
indifference curve
to slide it along its budget line (tangency maintained).
š Budget Lines
Budget Line 1
Budget Line 2
Budget Line 3
š Indifference Curves
Indifference Curve 1
Indifference Curve 2
Indifference Curve 3
ā” Effects
Substitution Effect
Income Effect
Clear Diagram
Click a button to see the effect
āļø Presets
1
meet at (0,20)
2
meet at (20,0)
3
default
Preset 1 ā all budget lines meet at (0, 20)
š Definitions