Question

why budget line is a downward sloping? Explain it with the help of diagram.
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Answer 1

Answer:

The budget line is downward sloping because, in order to increase the consumption of one good, the consumption of the other good must be reduced, with constant M. The slope of the budget line is , which implies the rate of exchange or the rate at which good 2 can be substituted for good 1.

Explanation:

i hope this answer is right

Answer 2

Answer:

budget line is downward sloping because the consumption of one good ,the consumption of the other good must be reduced , with constant M.