Economy, asked by Anonymous, 13 days ago


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Explain the derivation of slope of budget??? Pls guys correct answer ☺️✌️☺️​

Answers

Answered by vithalranjane835
12

Answer:

The slope of the budget line measures the amount of change in good 2 required per unit of change in good 1 along the budget line. Now, let us derive the slope of the budget line as follows: Take two points on the budget line

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