Economy, asked by amrit1011, 10 months ago

what is budget line​

Answers

Answered by Alainakhansz
2

Explanation:

The Budget Line, also called as Budget Constraint shows all the combinations of two commodities that a consumer can afford at given market prices and within the particular income level.

Answered by Anonymous
4

Budget line is the graphical representation of all possible combinations of two goods which can be purchased with the given income and prices .

Such that the cost of each of these

combinations is equal to the income of

the consumer .

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