English, asked by khushiagarwal27611, 2 months ago

What is meant by budget line?​

Answers

Answered by anuj4696
4

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The Budget line indicates the combination of goods a consumer can purchase given his or her income and the prices in the market. 

Answered by Anonymous
3

Answer:

Budget line is a graphical representation of all possible combinations of two goods which can be purchased with given income and prices, such that the cost of each of these combinations is equal to the money income of the consumer.

Explanation:

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