Economy, asked by harishchand1996, 5 months ago

explain why buget line is downward sloping
4 marks​

Answers

Answered by Anonymous
0

Answer:

Budget line is a downward sloping line because given the prices of goods X and Y, and income of the consumer, more of Good-X (on X-axis) can be purchased only when less of Good-Y (on Y-axis) is purchased.

Answered by asuryaprakash5241
5

Answer:

Budget line is a downward sloping line because given the prices of goods X and Y, and income of the consumer, more of Good-X (on X-axis) can be purchased only when less of Good-Y (on Y-axis) is purchased.

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