(Graph: Consumption) Based on the information provided in the graph, at an income level of $300, savings equals _____, the MPC equals _____, and the APC equals _____.
A) -$120; 0.4; -0.7
B) -$80; 0.6; 1.27
C) $80; 0.6; -0.27
D) $300; 0.4; 0.5

Question

(Graph: Consumption) Based on the information provided in the graph, at an income level of $300, savings equals _____, the MPC equals _____, and the APC equals _____. 
A) -$120; 0.4; -0.7 
B) -$80; 0.6; 1.27 
C) $80; 0.6; -0.27 
D) $300; 0.4; 0.5

Quizplus · Accepted Answer

At an income level of $300:
Savings equals -$80 (where the consumption line intersects the 45-degree line)
MPC equals 0.6 (the slope of the consumption line)
APC equals 1.27 ([consumption at $300 / $300] or $190 / $300)

(Graph: Consumption) Based on the Information Provided in the Graph