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If income increases from 900 R.O. to 1300 R.O. as result consumption also increases from 700 R.O. to 850 R.O. then calculate marginal propensity to consume (MPC). Marked out of 2 Select one

If income increases from 900 R.O. to 1300 R.O. as result consumption also increases from 700 R.O. to 850 R.O. then calculate marginal propensity to consume (MPC). Marked out of 2 Select one: O a. 0.375 Flag question O b. None O c 0.275 O d. 0.475

Apr 28 2021 View more View Less

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