Refer to the given diagram, which shows consumption schedules for economies A and B. We can say that the
A) MPC is greater in B than in A.
B) APC at any given income level is greater in B than in A.
C) MPS is smaller in B than in A.
D) MPC is greater in A than in B.

Question

Refer to the given diagram, which shows consumption schedules for economies A and B. We can say that the
A) MPC is greater in B than in A. 
B) APC at any given income level is greater in B than in A. 
C) MPS is smaller in B than in A. 
D) MPC is greater in A than in B.

Quizplus · Accepted Answer

The Answer of  Refer to the given diagram, which shows consumption schedules for economies A and B. We can say that the
A) MPC is greater in B than in A. 
B) APC at any given income level is greater in B than in A. 
C) MPS is smaller in B than in A. 
D) MPC is greater in A than in B.

Refer to the Given Diagram, Which Shows Consumption Schedules for Economies