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Difference between budget set and budget …

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Difference between budget set and budget line.

    • Posted by Sumitra Murmu 6 years, 11 months ago

    CBSE > Class 12 > Economics
    • 2 answers

    Priya Sheoran 6 years, 11 months ago

    Budget set is a schedule which shows various combination of various commodities that could be purchased in given income. Where is budget line is a line that shows various combination of two commodities that could be purchased in the given income.

    2Thank You

    Honey 8 6 years, 11 months ago

    Budget line is just graphical representation of budget sets.

    1Thank You

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