answersLogoWhite

0

When any combination of goods lies outside of the budget line, it indicates that those combinations are not affordable given the consumer's income and the prices of the goods. This means that the consumer cannot purchase those combinations without exceeding their budget. In economic terms, the budget line represents the maximum possible combinations of goods that can be bought with a limited income, so anything beyond that is unattainable.

User Avatar

AnswerBot

6mo ago

What else can I help you with?

Related Questions

What was the Production Budget for The Invention of Lying?

The Production Budget for The Invention of Lying was $18,500,000.


Do UFOs exist outside Planet Earth?

No they don't, and you ever tells you they do are lying


How did a mother of the 17th century dry her clothes?

By hanging them or lying them outside...i.e. clothesline


What is strategic misrepresentation?

Strategic misrepresentation is the planned, systematic distortion or misstatement of fact-lying-in response to incentives in the budget process.


What combination can cause flooding in low-lying coastal areas?

water and no drainage ditches


What is the present progressive of lie?

I am lying you are lying he is lying we are lying you are lying they are lying


What goes through Tom's mind as he reacts to the sheet of paper lying outside the window in the contents of the dead man's packet?

He will go and take it


If you were lying about lying about lying about lying was you lying?

Yes. Lying is a sin (1 Corinthians 6:9-10).


Is the basic pattern of the cns in the spinal cord a central cavity surrounded by gray matter core and a white matter layer lying outside of that?

True


Is the basic pattern of the cns in the spinal cord a central cavity surrounded by a gray matter core and white matter layer lying outside of that?

True


If you were lying about lying about lying about lying were you lying?

NO,not at all.You are being truthful.I am confusing about confusion and confusing and confusing.TIT FOR TAT.


What is an example of a sentence using the word lying?

When I came into your apartment. Your cat was lying around.