Economy, asked by shahumer841, 4 months ago

Difference between budget line & price line?​

Answers

Answered by shifawani30
17

Answer:

A BUDGET LINE OR A PRICE LINE REPRESENTS THE VARIOUS COMBINATIONS OF 2 GOODS WHICH CAN BE PURCHASED WITH A GIVEN MONEY INCOME AND ASSUMED INCOME AND THE PRICE OF THE 2 GOODS TGE CONSUMER CAN PURCHASE VARIOUSE COMBINATION GOODS OR MARKET COMBINATION OF GOODS WEEKLY

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Answered by ohhoyaa
0

Explanation:

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