Combinations to the Left of the Budget Line Are
What happens to Megans. This rightward or leftward parallel shift of the budget line is known as shift of the budget line. Colorful Plain Mind Map Combo Pack Of 3 Etsy Mind Map Mind Map Template Concept Map The gradient of a budget line reveals the opportunity cost. . Any combination of two goods which falls outside the budget line is unattainable. For example at point R José buys 2 T-shirts and 4 movies. In this case the slope of the budget line is p 1 p 2 up to the consumption level of x 1 and a slope of p 1 tp 2 to the right of x 1. T-Shirts 14 x 2 28. The correct option is OPTION D ie UNATTAINABLE. View the full answer. Together with a consumers indifference curves which shows different combinations of two products which give the consumer the same utility we can arrive at a combination of two goods which is optimal for the consumer ie. Given a limited amount of money a consumer can only spend that. We ...