Learning Contents:                                                              ·            Slope of Budget Line and Price Ratio ·          Properties of Budget Line ·          Understanding the slope of the budget line through a budget equation. Slope of Budget Line/Price Line As we have studied in previous topics that budget line shows the various combinations of two goods that consumer can afford to purchase when the price of two goods and the income is given.  In simple words, the slope of the budget line indicates the ratio of units sacrificed of ...