Alisha's income to be spent on X and Y is Rs. 1000. Price per unit X = 10 and Y=20.
a. Draw budget line
b. If income of Alisha decreases from 1000 to 500 show its impact on budget line Note.
Pls make only one graph to show the change. Do not write anything, just draw and label the graph completely.
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Explanation:
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Inward parallel shift of budget line.
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