Definition: A consumer's budget line characterizes on a graph the maximum amounts of goods
that the consumer can afford. In a two good case, we can think of quantities
of good X on the horizontal axis and quantities of good Y on the vertical
axis. The term is often used when there are many goods, and without reference
to any actual graph.(Econterms)
Terms related to The Budget Line:
None
About.Com Resources on The Budget Line:
None
Writing a Term Paper? Here are a few starting points for research on The Budget Line:
Books on The Budget Line:
None
Journal Articles on The Budget Line:
None
