Economy, asked by sjagriti021, 8 months ago

Why there is Shift in Budget Line?​

Answers

Answered by mayeshaverma598
0

Answer:

A budget line shows the maximum consumption of a consumer at a income given level. It shifts parallely when there is chance of income but rotates when the relatives prices change. A budget line is also known as budget constraints Because it limits total consumption possibility of a consumer.

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