Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Determination of Income and Employment

Question:

From the graph below, answer the following questions.

 

What will be the value APC at point B?

Options:

Zero

One

Two

Can’t say

Correct Answer:

One

Explanation:

APC is \(\frac{C}{Y}\) and at point B, C = Y. this means APC = \(\frac{C}{Y}\) =1.