Budget line: Difference between revisions
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A graphical representation of the amounts an individual can buy of two alternative goods, given his income and the prices of the goods. | A graphical representation of the amounts an individual can buy of two alternative goods, given his income and the prices of the goods. | ||
Revision as of 10:14, 7 June 2013
A graphical representation of the amounts an individual can buy of two alternative goods, given his income and the prices of the goods.
