A budget line, or budget constraint, represents the combinations of two goods that a consumer can purchase given their income and the prices of the goods. It is typically downward sloping, reflecting the trade-off between the two goods—when more of one good is consumed, less of the other can be afforded. The slope of the budget line is determined by the relative prices of the goods. Changes in income or prices shift the budget line, affecting the consumer's purchasing options.
a line can end at a fixeded point
it's a straight line. Through the origin.
They share one side (line segment).
The sides and angles are uneven. A scalene can never have a line of symmetry
It is 90 degrees, it is half of a straight line which is 180 degrees, it is also called a perpendicular line, all squares and rectangles have them on all 4 corners.
The Production Budget for On the Line was $10,000,000.
The Production Budget for Walk the Line was $29,000,000.
The Production Budget for In Her Line of Fire was $1,000,000.
A budget line is a locus of combination of two goods a consumer can afford to buy with his/her income.shift in a budget line can be caused by various factors like a change in individuals income
A budget clothing line is a clothing line that is set out in stores for people who are trying to stay within a reasonable price from the budget that they are trying to follow.
A budget clothing line is a clothing line that is set out in stores for people who are trying to stay within a reasonable price from the budget that they are trying to follow.
The Production Budget for The Thin Red Line was $52,000,000.
What are the main characteristics of Zero base budget
if the consumer`s income changes it will influence the budget line and it will shift to the right.
A point to the left of a budget line is commonly a tradeoff. But a point to the right is an opportunity cost.
A budget is a financial blueprint. A budget is something that is put into action, followed by people, constrains spending, sets targets and has a life cycle.
A budget is a financial blueprint. A budget is something that is put into action, followed by people, constrains spending, sets targets and has a life cycle.