Question

what do you mean by budjet set of consumer​

Answer 1

Answer:

The budget set is the collection of all the bundles of goods that a consumer can buy with his income at the prevailing market prices. ... The budget line represents all bundles of two goods which a consumer can buy with his entire income.

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Answer 2

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budget set of consumer refers to the highest payable amount one can afford according to his income in purchasing any particular item or things...

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