A line which shows different combinations of two products a consumer can purchase with a specific money income, given the products price?

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Academy of PakistanTest & Learning

804Active Users

134AgricultureMedium

ALorenz curve

BBudget line

CSay’s law

DIndifference curve

Correct answer

B. Budget line

Explanation

The correct answer is Budget line.

A line which shows different combinations of two products a consumer can purchase with a specific money income, given the products price? - Answer and Explanation | Academy of Pakistan