Budget Line indicates:

CA Foundation · Business Economics · MTP · June 2024
Budget Line indicates:
(A) A. Income Ratio
(B) B. Price Ratio
(C) C. Cost Ratio
(D) D. None of these

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Price Ratio

Topics: Theory of Demand and Supply

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic