Economics when applied to real life sounds beautiful. this blog is for those students who are discovering the different facets of economics applications and want to share their discoveries.
Saturday, September 1, 2018
Budget line with example
Budget line
combinations of
goods which consumer can afford at given market prices within income levels.
Example1:-i have 2000 rupees i went to buy shoes for a mall
the price of shoes is 1700 and i bought slippers within my budget.
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