Question

explain budget line shift with conditions​

Answer 1

Answer:

budget means a estimated statement of income and expenditure of a year preparer by the government

it is of three types

1 surplus

2 deficit budget

3 balanced budget

Answer 2

Budget line shift

Case-1

When price of x rise, suppose price of x rise about point A and shift backward and becoming flater. It shows like given diagram.

In that diagram, the new budget line AB, shows that with rise of price of x, the consumer can buy less quantity of goods x.