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#cfa #cfa-level-1 #economics #microeconomics #reading-14-demand-and-supply-analysis-consumer-demand #section-4-the-opportunity-set #study-session-4
Above, we have examined the trade-offs that economic actors (e.g., consumers, companies, investors) are willing to make.
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4. THE OPPORTUNITY SET: CONSUMPTION, PRODUCTION, AND INVESTMENT CHOICE
Above, we have examined the trade-offs that economic actors (e.g., consumers, companies, investors) are willing to make. In this section, we recognize that circumstances almost always impose constraints on the trade-offs that these actors are able to make. In other words, we need to explore how to model t


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