🤑ap microeconomics review

Budget constraint

Written by the Fiveable Content Team • Last updated August 2025
Verified for the 2027 exam
Verified for the 2027 examWritten by the Fiveable Content Team • Last updated August 2025

Definition

The limit on the quantity of goods a consumer can purchase given their income and the prices of goods.

AP course connection

Topic 1.6: 1.6 Marginal Analysis and Consumer Choice

Unit 1