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Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

The MPC is equal to : - Economics

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Question

The MPC is equal to :

Options

  • Total spending / total consumption

  • Total consumption/total income

  • Change in consumption /change in income

  • none of the above.

MCQ

Solution

Change in consumption /change in income

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Consumption Function
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Chapter 4: Consumption and Investment Functions - Model Questions [Page 73]

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Samacheer Kalvi Economics [English] Class 12 TN Board
Chapter 4 Consumption and Investment Functions
Model Questions | Q 9. | Page 73
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