InterviewSolution
Saved Bookmarks
InterviewSolution
| 1. |
What is budget line? |
| Answer» <html><body><p></p>Solution :<a href="https://interviewquestions.tuteehub.com/tag/budget-25496" style="font-weight:bold;" target="_blank" title="Click to know more about BUDGET">BUDGET</a> line is a graphical <a href="https://interviewquestions.tuteehub.com/tag/representation-1185381" style="font-weight:bold;" target="_blank" title="Click to know more about REPRESENTATION">REPRESENTATION</a> of all possible combinations of two goods which can be purchased with <a href="https://interviewquestions.tuteehub.com/tag/given-473447" style="font-weight:bold;" target="_blank" title="Click to know more about GIVEN">GIVEN</a> income and <a href="https://interviewquestions.tuteehub.com/tag/prices-1165311" style="font-weight:bold;" target="_blank" title="Click to know more about PRICES">PRICES</a>, such that the <a href="https://interviewquestions.tuteehub.com/tag/cost-25707" style="font-weight:bold;" target="_blank" title="Click to know more about COST">COST</a> of each of these combinations is equal to the money income of the consumer.</body></html> | |