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Commerce · Q375

Economics

Graduate and Post Graduate · Commerce · question 375

Q375

The other name of Budget line is

A.
Demand line
B.
Price line
Answer
C.
Supply line
D.
None of the above

Answer: Option B

Solution

Answer: Option B
Solution:
The other name of Budget line is Price line. "A budget line or price line represents the various combinations of two goods which can be purchased with a given money income and assumed prices of goods".