Which line shows all the combinations of two commodities that a consum
| Which line shows all the combinations of two commodities that a consumer can afford at given market prices and within the particular income level?
A. Utility line
B. Supply line
C. Demand line
D. Budget line
Right Answer is: D
- Budget Line is the line that shows all the combinations of two commodities a person can purchase on given market price and within his particular income.
- It is a graphical representation of all possible combinations of two goods which can be purchased with given income and prices.