1. We can see here that if you go out 4 times during the week, you will spend $250 in a week.
2. With a maximum budget of $330, you will go out 6 times.
We see here that looking at the graph, one will discover that each time you go out, you spend $40. Thus, looking at the points on the graph, we see here that 4 times you go out in a week, you will spend $250. The point 4 intercepts at $250.
We also see here that with a maximum budget of $330, you will go out 6 times.
A budget is a financial plan that outlines the expected income and expenses over a specific period, typically monthly, quarterly, or annually. It serves as a roadmap for managing and allocating financial resources within an organization, a household, or for an individual.