Economy, asked by himanshub6810, 7 months ago

I am in class ,11 I want difference between cardinal and ordinal utility of goods.
Question2:What is budget line in economics class 11 .

Answers

Answered by n172813
0

Answer:

The Budget Line, which is also known as Budget Constraint, exhibits all the combinations of two commodities that a customer can manage to afford at the provided market prices and within the particular earning degree.The two basic elements of a budget line are: The consumer's purchasing power (his/her income)

Explanation:

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