Question : APC>1
Option 1: Before break-even point.
Option 2: At break-even point
Option 3: After break-even point
Option 4: All of the above.
Answer (1)
19th Jan, 2024
Correct Answer: Before break-even point.
Solution :
As long as consumption is more than national income, APC is greater then one. It is before break-even point.
Hence, Option A is correct.
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