Show your friends this quiz! Try out this quiz, it works for mainly everyone! Answer questions that most fit your personality to get your true color. You can be blue: a caring sensitive person, orange: a risk-taking easy going.
This increase in the size of the budget set implies that the consumer will be better-off as defined with the new consumer optimum at point T. With this increase in income, the consumer chooses to consume both more of both goods indicating that they are both normal goods to that individual.
DEFINITION of 'Entry Point'. The price at which an investor buys an investment. The entry point is usually a component of a predetermined trading strategy for minimizing investment risk and removing the emotion from trading decisions. Recognizing a good entry point is the first step in achieving a successful trade.