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Composite good

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  1. demand for a good is often the focus as to a change in its price

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on March 2, 2009
  2. a term from economics

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on March 2, 2009
  3. Budget constraints are designed to show the maximum amount of a good, or combination of goods, that can be purchased by a consumer given a limited budget

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on March 2, 2009
  4. an abstraction used in economics that represents all consumption goods besides the one in question

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on March 2, 2009
  5. Consumer demand theory shows how the composite may be treated as if it were only a single good as to properties hypothesized about demand

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on March 2, 2009
  6. represents what is given up along consumer's budget constraint to consume more of the first good

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on March 2, 2009
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