The alternative combinations of two goods that a consumer can purchase with a specific money income...

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The alternative combinations of two goods that a consumer can purchase with a specific money income is shown by Select one: O

business economics

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Answer 1

Answer #1

Budget line represents the consumptionn of two type of goods.

It shows straight line relationship between two goods at given income

For exanple if two goods are apple and orange then.

Let the two goods be orge Grorge and apple Let orarge porce a Pi Let apple price a pa Let Quantity of Orange - 9 her quenting

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Answer 2

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The alternative combinations of two goods that a consumer can purchase with a specific money income...

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