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Give the equation of buget set

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Give the equation of buget set

    • Posted by Rahul Pal 7 years ago

    CBSE > Class 12 > Economics
    • 3 answers

    Ritu Manon 7 years ago

    Equation of budget set is Px.Qx+Py.Qy ≤M

    1Thank You

    Ritu Manon 7 years ago

    Equation of budget line is Px.Qx+Py.Qy=M

    1Thank You

    Arun Diwakar 7 years ago

    Supposed we have 40 rupees and we spent the rupees on two goods like ice cream and chocolate which prices 10 rupees par ice cream and 5 rupees par chocolate now how the quantity of both the good we have buy it like (4,0) (0,8) (2,4) (0,0) (1,1) (2,1) (0,8) etc

    1Thank You

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