Economy, asked by jyoti155, 1 year ago

what is budget line.... plzz answer

Answers

Answered by AbhayT
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.
Answered by vbijwe9
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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