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- Income–consumption_curve abstract "In economics and particularly in consumer choice theory, the income-consumption curve is a curve in a graph in which the quantities of two goods are plotted on the two axes; the curve is the locus of points showing the consumption bundles chosen at each of various levels of income.The income effect in economics can be defined as the change in consumption resulting from a change in real income.This income change can come from one of two sources: from external sources, or from income being freed up (or soaked up) by a decrease (or increase) in the price of a good that money is being spent on. The effect of the former type of change in available income is depicted by the income-consumption curve discussed in the remainder of this article, while the effect of the freeing-up of existing income by a price drop is discussed along with its companion effect, the substitution effect, in the article on the latter.The consumer's preferences, monetary income and prices play an important role in solving the consumer's optimization problem (choosing how much of various goods to consume so as to maximize their utility subject to a budget constraint). The comparative statics of consumer behavior investigates the effects of changes in the exogenous or independent variables (especially prices and money incomes of the consumers) on the chosen values of the endogenous or dependent variables (the consumer's demands for the goods). When the income of the consumer rises with the prices held constant, the optimal bundle chosen by the consumer changes as the feasible set available to him changes. The income–consumption curve is the set of tangency points of indifference curves with the various budget constraint lines, with prices held constant, as income increases shifting the budget constraint out.".
- Income–consumption_curve thumbnail Income_consumption_curve_graph.svg?width=300.
- Income–consumption_curve wikiPageID "469727".
- Income–consumption_curve wikiPageLength "14516".
- Income–consumption_curve wikiPageOutDegree "23".
- Income–consumption_curve wikiPageRevisionID "679896874".
- Income–consumption_curve wikiPageWikiLink Category:Consumer_theory.
- Income–consumption_curve wikiPageWikiLink Category:Economics.
- Income–consumption_curve wikiPageWikiLink Category:Economics_terminology.
- Income–consumption_curve wikiPageWikiLink Comparative_statics.
- Income–consumption_curve wikiPageWikiLink Consumer_choice.
- Income–consumption_curve wikiPageWikiLink Consumer_choice_theory.
- Income–consumption_curve wikiPageWikiLink Consumer_theory.
- Income–consumption_curve wikiPageWikiLink Economics.
- Income–consumption_curve wikiPageWikiLink Engel_curve.
- Income–consumption_curve wikiPageWikiLink Expansion_path.
- Income–consumption_curve wikiPageWikiLink Feasible_region.
- Income–consumption_curve wikiPageWikiLink Feasible_set.
- Income–consumption_curve wikiPageWikiLink Locus_(mathematics).
- Income–consumption_curve wikiPageWikiLink Normal_good.
- Income–consumption_curve wikiPageWikiLink Normal_goods.
- Income–consumption_curve wikiPageWikiLink Perfect_substitutes.
- Income–consumption_curve wikiPageWikiLink Real_income.
- Income–consumption_curve wikiPageWikiLink Slope.
- Income–consumption_curve wikiPageWikiLink Substitute_good.
- Income–consumption_curve wikiPageWikiLink Substitution_effect.
- Income–consumption_curve wikiPageWikiLink Utility.
- Income–consumption_curve wikiPageWikiLink File:Income_consumption_curve_graph.svg.
- Income–consumption_curve wikiPageWikiLink File:Income_consumption_curve_graph_-_downward_sloping_(inferior_goods).svg.
- Income–consumption_curve wikiPageWikiLink File:Income_consumption_curve_graph_-_horizontal_(perfect_substitutes).svg.
- Income–consumption_curve wikiPageWikiLink File:Income_consumption_curve_graph_-_linear_(perfect_complements).svg.
- Income–consumption_curve wikiPageWikiLink File:Income_consumption_curve_graph_-_upward_sloping_(normal_goods).svg.
- Income–consumption_curve wikiPageWikiLinkText "Income–consumption curve".
- Income–consumption_curve wikiPageWikiLinkText "income substitution effect".
- Income–consumption_curve hasPhotoCollection Income–consumption_curve.
- Income–consumption_curve wikiPageUsesTemplate Template:Economics_sidebar.
- Income–consumption_curve wikiPageUsesTemplate Template:Main.
- Income–consumption_curve wikiPageUsesTemplate Template:Microeconomics.
- Income–consumption_curve wikiPageUsesTemplate Template:Portal.
- Income–consumption_curve wikiPageUsesTemplate Template:Reflist.
- Income–consumption_curve subject Category:Consumer_theory.
- Income–consumption_curve subject Category:Economics.
- Income–consumption_curve subject Category:Economics_terminology.
- Income–consumption_curve comment "In economics and particularly in consumer choice theory, the income-consumption curve is a curve in a graph in which the quantities of two goods are plotted on the two axes; the curve is the locus of points showing the consumption bundles chosen at each of various levels of income.The income effect in economics can be defined as the change in consumption resulting from a change in real income.This income change can come from one of two sources: from external sources, or from income being freed up (or soaked up) by a decrease (or increase) in the price of a good that money is being spent on. ".
- Income–consumption_curve label "Income–consumption curve".
- Income–consumption_curve sameAs Einkommens-Konsum-Kurve.
- Income–consumption_curve sameAs Efecto_renta.
- Income–consumption_curve sameAs 所得-消費曲線.
- Income–consumption_curve sameAs m.05h5mz8.
- Income–consumption_curve sameAs Q359044.
- Income–consumption_curve sameAs Q359044.
- Income–consumption_curve wasDerivedFrom Income–consumption_curve?oldid=679896874.
- Income–consumption_curve depiction Income_consumption_curve_graph.svg.
- Income–consumption_curve isPrimaryTopicOf Income–consumption_curve.