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consumption function C=200+0.75y find APC average prospensity to consume
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consumption function C=200+0.75y find APC average prospensity to consu...
Well the answer of average propensity to consume is 1.... K now lets solve this problem step by stepC is given i.e consumption function =200+0.75Y as we know that putting C=Y in the consumption function we getY=200+0.75Y0.25Y=200Y =Rs 800 croresHence by putting the value of Y in consumption function we get the value of C= Rs 800 croresNow we hve got the value of both Y and C... So just put the value in the formula of APC i.eAPC=C/YAPC=800/800So the value of APC =1
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consumption function C=200+0.75y find APC average prospensity to consume
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consumption function C=200+0.75y find APC average prospensity to consume for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about consumption function C=200+0.75y find APC average prospensity to consume covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for consumption function C=200+0.75y find APC average prospensity to consume.
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