Economy, asked by hiba8476, 11 months ago

Why does budget line a straight line?

Answers

Answered by AkshayMahadevan
2
An Economics tutor answered. Slope of a budget line is the "price ratio" of the two goods. ... Since the slope isconstant we will get a straight line. The only case where a budget line may be non linear is the case of kinked constraints.
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