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What do you mean by the budget set of a consumer ?

Answer» <html><body><p></p>Solution :A budget set or <a href="https://interviewquestions.tuteehub.com/tag/opportunity-1137192" style="font-weight:bold;" target="_blank" title="Click to know more about OPPORTUNITY">OPPORTUNITY</a> set includes all possible <a href="https://interviewquestions.tuteehub.com/tag/consumption-931383" style="font-weight:bold;" target="_blank" title="Click to know more about CONSUMPTION">CONSUMPTION</a> bundles that <a href="https://interviewquestions.tuteehub.com/tag/someone-25657" style="font-weight:bold;" target="_blank" title="Click to know more about SOMEONE">SOMEONE</a> can afford <a href="https://interviewquestions.tuteehub.com/tag/given-473447" style="font-weight:bold;" target="_blank" title="Click to know more about GIVEN">GIVEN</a> the prices of goods and the person's income level. The budget set is bounded above by the budget line.</body></html>


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