Economy, asked by kumarisimran601, 9 months ago

what is the meaning of of budget line​

Answers

Answered by shilpanarzary04934
1

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:

hope it helps you......

Answered by Anonymous
1

Answer:

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.

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