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Assignment

Disposable Income

Consumption Expenditure

Savings

APC

APS

MPC

MPS

$8,000

$13,500

 

 

 

 

 

12,000

16,500

 

 

 

 

 

20,000

22,500

 

 

 

 

 

30,000

30,000

 

 

 

 

 

40,000

37,500

 

 

 

 

 

100,000

82,500

 

 

 

 

 

200,000

157,500

 

 

 

 

 

Calculate Savings, APC, APS, MPC, MPS, and autonomous consumption from the above given information.

Graph the consumption function using 45degree line and indicate breakeven level of income on the graph.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M92764537

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