Practicing Success
At break even point ( i.e ,C=Y) ,what would be the value of Average Propensity to Save (APS)? |
zero one infinity between 0 and 1 |
zero |
At break even point i.e. Y=C we would be having zero savings as, Y=C+S and Y=C then S = 0. APS= \(\frac{0 }{Y }\) =0 Therefore, At breakeven point APS is 0. |