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3 years ago

What does every point on a budget line graph represent?.

Business

1 answer:

Marysya12 [62]3 years ago

4 0

Every point on budget line graph represents each number of possible unit that can be purchased with a given income.

<h3>What is a budget line graph?</h3>

Budget line graph shows series of combinations of two products that can be consumed by an individual at a given price and income.

Budget line is said to be a constraint line graph because an individual cannot go beyond the limits of consumption.

Each unit of goods is indicated on the graph using with a dot and only the combination of the two goods that falls within budget can be purchased.

Therefore, every point on budget line graph represents each number of possible unit that can be purchased with a given income.

For more details on budget line kindly check brainly.com/question/24765766

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<em>I hope this information can help you.</em>

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