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Q: What is the characteristics of budget line?
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What is budget line and show the shift in budget line?

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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.


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How will an increase in income affect the budget line?

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?

A point to the left of a budget line is commonly a tradeoff. But a point to the right is an opportunity cost.


What are the Characteristics of the budget?

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.


What are characteristics of budget?

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.