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Which of the following is NOT a feature of APC?
  • a)
    APC rises with increase in income
  • b)
    At breakeven level of income, APC is equal to 1
  • c)
    APC can be greater than one
  • d)
    APC can never be zero
Correct answer is option 'A'. Can you explain this answer?
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Which of the following is NOT a feature of APC?a)APC rises with increa...
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Which of the following is NOT a feature of APC?a)APC rises with increase in incomeb)At breakeven level of income, APC is equal to 1c)APC can be greater than oned)APC can never be zeroCorrect answer is option 'A'. Can you explain this answer?
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