Answer:
how much one product costs compared to the other.
Explanation:
Budget constraint line shows all combinations of two products that a consumer can buy at a given price and a t a given income level.
Budget constraint implies that consumption of a person is limited by their income, so they will need to find the best combination of two products that will maximise satisfaction given limited resources.
The slope of the budget contraint line will be dependent of the cost of one product compared to the other. For example cost combination of $10:$2 will have steeper slope than $5:$5.
Answer:
the relative prices of the two possible product and/or service choices.
Explanation:
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