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What is the effect of a …

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What is the effect of a icome of the consumer ,with prices goodXand Y remaning unchanged upon the budget line?

    • Posted by Tanika Rathi 6 years, 11 months ago

    CBSE > Class 12 > Economics
    • 2 answers

    Pragati Aggarwal 6 years, 11 months ago

    The budget line will shift right if the income is increasing and the equilibrium stuck higher. Where as the decreasing in income leads to leftward shift of budget line and the equilibrium stuck lower as the consumer will get lesser satisfaction.

    1Thank You

    Tanika Rathi 6 years, 11 months ago

    I dont know

    2Thank You

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