Principles of Economics by Mankiw (9th edition) Chapter 21: Theory of Consumer Choice Deeper Dive

Principles of Economics by Mankiw (9th edition) Chapter 21: The Theory of Consumer Choice Deeper Dive supplemental video budget constraint bc indifference curve ic marginal rate of substitution L shaped indifference curves Linear indifference curves inward bowed indifference curves outward bowed indifference curves perfect substitutes perfect compliments normal goods inferior goods giffen goods income effect substitution effect