(Graph: Consumption) Based on the information provided in the graph above, the marginal propensity to consumer equals:
A) 0.5.
B) 0.6.
C) 0.7.
D) any number less than one, but the eventual value depends on the level of income.

Question

(Graph: Consumption) Based on the information provided in the graph above, the marginal propensity to consumer equals: 
A) 0.5. 
B) 0.6. 
C) 0.7. 
D) any number less than one, but the eventual value depends on the level of income.

Quizplus · Accepted Answer

The Answer of (Graph: Consumption) Based on the information provided in the graph above, the marginal propensity to consumer equals: 
A) 0.5. 
B) 0.6. 
C) 0.7. 
D) any number less than one, but the eventual value depends on the level of income.

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