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What limits the amount of goods a consumer will purchase, and how do economists model the trade-offs that exist when consumers make decisions? Fill in
What limits the amount of goods a consumer will purchase, and how do economists model the trade-offs that exist when consumers make decisions? Fill in the blanks to complete the passage. Consumers won't buy a good if they do not receive from the purchase. If a consumer receives from a purchase, he or she will be worse off. To describe the trade-offs that exist when consumers make decisions about which combinations of goods yield the same level of satisfaction, The point at which utility is maximized is called the economists use indifference curves + positive utility maximization point ++++ equilibrium point * negative utility budget constraints +
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