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economics · budget · allocation

Budget Line for Three Goods

Type Control-systems block diagramStandard Ogata / standard controls textbook conventionEngine schematex-blockdiagramUpdated 6/21/2026
Budget Line for Three Goods
Drawing preview
The scenario

A consumer allocates a fixed income budget among three goods, aiming for a balanced budget where total spending equals income.

What is in this drawing

Read the decisions behind it.

01

Allocation block distributes income to the three spending categories

02

Sum nodes calculate total spending and budget deficit (should be zero)

Use for any multi-good budget constraint visualization in microeconomics or personal finance.

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