Home >  Term: मूल्य रेखा
मूल्य रेखा

A straight line representing the combinations of variables, usually two goods, that cost the same at some given prices. The slope of a price line measures relative prices, and changes in prices can therefore be represented by changing the slope of, or rotating, a price line. A steeper line means a higher relative price of the good measured on the horizontal axis.

0 0

Creator

  • mitraashutosh
  • (India)

  •  (V.I.P) 10722 points
  • 100% positive feedback
© 2024 CSOFT International, Ltd.