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Explain why budget line is downward …

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Explain why budget line is downward sloping and explain the distinction between the equation of budget line and budget constraint?

    • Posted by Aslam Sha 7 years, 4 months ago

    CBSE > Class 12 > Economics
    • 3 answers

    Mohini Gupta 7 years, 4 months ago

    B/coz of negetive relation

    0Thank You

    Shraddha P 7 years, 4 months ago

    Budget line slope downwards because more of one good can be brought by decreasing some units of other good

    0Thank You

    Shraddha P 7 years, 4 months ago

    Budget line shows that bundles of two commodities on which consumers entire imcome will be spend.... Budget constraint show that bundles of two commodities on which either whole income will be spend or less than whole income

    4Thank You

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