-Refer to the above figure. The figure represents the consumption function for a consumer. Point B represents
A) autonomous consumption.
B) positive saving.
C) negative saving.
D) zero saving.

Question

-Refer to the above figure. The figure represents the consumption function for a consumer. Point B represents
A) autonomous consumption. 
B) positive saving. 
C) negative saving. 
D) zero saving.

Quizplus · Accepted Answer

At point B, consumption is greater than income, indicating that the consumer is spending more than they are earning, which results in negative saving.

-Refer to the Above Figure