Question

what is the equation of budget line ???​

Answer 1

Answer: This may help you

Explanation:

Equation of Budget Line

The concept of the budget line is precisely explained through the following equation:

Equation of Budget Line,

Budget line formula = Px X Qx X Py X Qy = M

Where, Px is the price of goods X;

Qx is the quantity of goods X;

Py is the price of goods Y;

Qy is the quantity of goods Y;

M is the income of the consumer.

Answer 2

Answer:

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sorry.