Economy, asked by Raghav243, 1 year ago

what do u mean by budget line ?

Answers

Answered by priyanshi58
1
HII UR ANS IS HERE..

A budget line shows the combinations of two products that a consumer can afford to buy with a given income – using all of their available budget.

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Answered by Utkarshjaiz2k
0
A budget constraint represents all the combinations of goods and services that a consumer may purchase given current prices within his or her given income. Consumer theory uses the concepts of a budget constraint and a preference map to analyze consumer choices.

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