Social Sciences, asked by Abhishek63069, 3 months ago

what is budget line??​

Answers

Answered by shashank0019
3

\huge{\mathcal{\purple {A}\green{N}\pink{S}\blue{W}\purple {E}\green{R}\pink{!}}}

The budget line is a graphical delineation of all feasible combinations of two commodities that can be bought with provided income and cost so that the price of each of these combinations is equivalent to the monetary earnings of the customer.

Answered by ankitkumarprasad2000
0

A budget line or price line represents the various combinations of two goods which can be purchased with a given money income and assumed prices of goods". For example, a consumer has weekly income of $60.

Similar questions