Economy, asked by ovrsmart58471, 8 months ago

One situation in which determinants of budget line change but the budget line does not change

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Answered by noorfatma549
0

Now, the budget line would not change if the percentage change in each of them is the same, such that the ratio of money income to price of good 1 and money income to price of good 2 remains the same as before the change.

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