## Enter 4 out of 5 budget line values:

Income
Price (x)
Quantity (x)
Price (y)
Quantity (y)

##### How does the Budget Line Equation Calculator work?
Free Budget Line Equation Calculator - Solves for any one of the 5 items in the standard budget line equation:
Income (I)
Quantity of x = Qx
Quantity of y = Qy
Price of x = Px
Price of y = Py
This calculator has 5 inputs.

### What 1 formula is used for the Budget Line Equation Calculator?

I = Qx x Px + Qy x Py

For more math formulas, check out our Formula Dossier
##### What 5 concepts are covered in the Budget Line Equation Calculator?
budget
an estimate of income and expenditure for a set period of time. In economics, 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.
budget line equation
Equation showing all the combinations of goods and services that a consumer may purchase given current prices within his or her given income
I = PxQx + PyQy where I = Income, P denotes price, Q denotes quantity
equation
a statement declaring two mathematical expressions are equal
price
the amount of money expected, required, or given in payment for something
quantity
amount of something

## Budget Line Equation Calculator Video

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