1.

A consumer consumes only two goods X and Y. let P_(x) and P_(y) be their prices and Q_(x) and Q_(y). The qunatities of these two goods respectively . Let m be the income. The budget line equationis

Answer»

`P_(X).Q_(x)+P_(y).Q_(x)=m`
`P_(x).Q_(x)+P_(y).Q_(x) GT m`
`P_(x).Q_(x)+P_(y).Q_(x) ge m`
`P_x.Q_(x)+P_(y).Q_(x) le m`

Answer :A


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