Assume that a consumer purchases only two products. suppose that the consumer's money income doubles and the prices of the two products also double. these changes in income and prices will result in No change in the budget line
This is further explained below.
What is the budget line?
Generally, A customer has a certain amount of disposable money with which they may make purchases of various products and services at the prices that are currently available to them.
In conclusion, This is what is meant by the term "budget restriction."
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