Economy, asked by hasiniturpu, 1 month ago

explain budget line???​

Answers

Answered by AngeIianDevil
54

\Large\mathtt\green{ }\huge\underline\mathtt\red{Answer : }

A budget constraint represents all the combinations of goods and services that a consumer may purchase given current prices within his or her given income. Consumer theory uses the concepts of a budget constraint and a preference map as tools to examine the parameters of consumer choices.

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Answered by gimmelike
1

Answer:

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