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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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What was the Production Budget for On the Line?
The Production Budget for On the Line was $10,000,000.
What was the Production Budget for Walk the Line?
The Production Budget for Walk the Line was $29,000,000.
What was the Production Budget for In Her Line of Fire?
The Production Budget for In Her Line of Fire was $1,000,000.
What is budget line and show the shift in budget line?
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
What is a budget clothing line?
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.
What was the Production Budget for The Thin Red Line?
The Production Budget for The Thin Red Line was $52,000,000.
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.
How is budget line useful in reaching consumer equilibrium?
Budget line helps the consumer to decide to purchase a particular combination that falls in his budget line although a different combination is more desirable as it will give more satisfaction level.
Difference between budget line and isocost line?
A budget line represents the combinations of two goods that a consumer can purchase given their income and the prices of those goods, illustrating their budget constraint. In contrast, an isocost line depicts the combinations of inputs (like labor and capital) that a firm can buy for a given total cost, reflecting the firm's budget for production. While both lines are used in economic analysis, the budget line focuses on consumer choices, whereas the isocost line pertains to production decisions.
What is the definition of budget line in economics?
A budget line is a line showing the alternative combinations of any two goods that a consumer can afford at given prices for the goods and a given level of income.
What does budget line show and what are its two basic properties?
Budget line(bl) is tangent to the indifference curve(ic) the slope of bl is same as that of ic.
