If consumption=100+0.5(y). with the help of a numerical example using

1.	If consumption=100+0.5(y). with the help of a numerical example using the above equation show that as income increases average propensity to consume(APC) will decrease
Answer» ong>ANSWER: If consumption=100+0.5(y). with the help of a numerical example using the above EQUATION SHOW that as income increases average PROPENSITY to CONSUME(APC) will decrease

If consumption=100+0.5(y). with the help of a numerical example using the above equation show that as income increases average propensity to consume(APC) will decrease

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If consumption=100+0.5(y). with the help of a numerical example using the above EQUATION SHOW that as income increases average PROPENSITY to CONSUME(APC) will decrease

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If consumption=100+0.5(y). with the help of a numerical example using the above equation show that as income increases average propensity to consume(APC) will decrease​

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If consumption=100+0.5(y). with the help of a numerical example using the above equation show that as income increases average propensity to consume(APC) will decrease