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What does a point inside the budget line indicate?

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प्रश्न

What does a point inside the budget line indicate?

अति संक्षिप्त उत्तर
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उत्तर

A point inside the budget line indicates an under-spending or under-utilisation of income, meaning that the combination of goods costs less than the consumer’s total available budget.

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पाठ 3: Theory of Consumer Behaviour: Marginal Utility and Indifference Curve Analysis - TEST YOURSELF QUESTIONS [पृष्ठ ५३]

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फ्रँक Economics [English] Class 12 ISC
पाठ 3 Theory of Consumer Behaviour: Marginal Utility and Indifference Curve Analysis
TEST YOURSELF QUESTIONS | Q 29. | पृष्ठ ५३
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