what is budget line ? what does the point on it indicate in terms of prices?
Anshu,
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This question has already been answered by one of our experts. Refer to the following link to view the same.
https://www.meritnation.com/ask-answer/question/what-is-a-budget-line-what-does-the-point-on-it-indicate-in/theory-of-consumer-behaviour/7660301