Economy, asked by sumitverma21, 1 month ago

how does a change in budget set appear

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Answered by ishikaparsad579fh

0

Answer:

A budget set can change when: The money income of a consumer changes. If money income increases, a consumer can buy more of both goods. ... Correspondingly, the expenditure on the good whose price has changed will also change and the budget set will get changed.

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