The shift of the budget line will be parallel if :(A) Price ratios rem – InterviewSolution

1.

The shift of the budget line will be parallel if :(A) Price ratios remain the same and there is a change in income(B) Price ratios vary(C) Income and price ratios both vary(D) Income and price of one commodity changes

Answer»

PRICE RATIO REMAIN the same and there is a CHANGE in invome

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