Question

what do you mean
. buget line

Answer 1

The Budget Line, also called as Budget Constraint. A budget constraint represents all the combinations of goods and services that a consumer may purchase given current prices within his or her given income. Consumer theory uses the concepts of a budget constraint and a preference map to analyze consumer choices.

Answer 2

It is a graphical representation of all possible combinations of two goods which can be purchased with given income and prices. Such that, cost of each of these combination is equal to money income of consumer.