Economy, asked by Grewal6461, 8 months ago

Usually a budget line slopes downwardsfrom left to right.state any three reasons for the downward slopes of budget line.

Answers

Answered by gtech064
0

Answer:

Budget line is a downward sloping line because given the prices of goods X and Y, and income of the consumer, more of Good-X (on X-axis) can be purchased only when less of Good-Y (on Y-axis) is purchased.

Explanation:

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