| Dictionary, Encyclopedia and Thesaurus - The Free Dictionary 3,897,538,865 visitors served. |
Dictionary/ thesaurus | Medical dictionary | Legal dictionary | Financial dictionary | Acronyms | Idioms | Encyclopedia | Wikipedia encyclopedia | ? |
Budget Constraint |
Also found in: Wikipedia | 0.01 sec. |
|
|
Budget Constraint The goods and services an individual is able to purchase over a given period of time at his/her current income. A budget constraint may be represented on a chart according to the following equation: Pxx + Pyy = m Px is how much a good costs; x is the quantity of that good one purchases; Py is the price of all other goods and services; y is the quantity of all other goods; and m is the amount of money one has allocated for consumption. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
|
| Financial Dictionary |
| Free Tools: |
For surfers:
Free toolbar & extensions |
Word of the Day |
Help
For webmasters: Free content | Linking | Lookup box | Double-click lookup |
|---|