Question

The equation of the budget line_______________(Fill in the blank)​

Answer 1

Answer:

Therefore, the numerical slope of the budget line is px / py which is equal to the ratio of the prices of X and Y. Since the numerical slope of the line represents the price ratio, or, the relative price of good X in terms of good Y, this line is also called the price line.

Answer 2

Answer:

px / py

Explanation:

This is ur correct answer