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What is budget line?why is it …

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What is budget line?why is it negatively sloped?
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Pranoti Ghadge 7 years, 6 months ago

Budget*

Pranoti Ghadge 7 years, 6 months ago

Budject line or price line is aNline showing different possible combination of good 1 and good 2 qhich consumer can buy by giving his budget and price of good 1 and good 2. Equation- P1 X1 +P2 X2 =M
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