CBSE Class 12-commerce Answered
Difference between APC and MPC?
Asked by godwinjerald99 | 13 Jul, 2020, 06:52: PM
Expert Answer
APC refers to the ratio of consumption to the level of disposable income.
APC > 1 When consumption is more than income before the break-even point
APC = 1 When consumption is equal to income at the break-even point
APC < 1 When consumption is less than income after the break-even poin
MPC refers to the ratio of change in consumptionto the change in disposable income.
The value of MPC lies between 0 and 1. The value of MPC cannot be greater than one. Because change in consumption cannot be greater than change in income.
Answered by Christina | 14 Jul, 2020, 09:02: AM
Concept Videos
-
National Income Accounting
National Income Accounting -
National Income Accounting
National Income Accounting -
National Income Accounting
National Income Accounting -
National Income Accounting
National Income Accounting -
National Income Accounting
National Income Accounting
CBSE 12-commerce - Macroeconomics
Asked by n0324352 | 21 Nov, 2023, 08:59: PM
ANSWERED BY EXPERTCBSE 12-commerce - Macroeconomics
Asked by garvit | 24 Nov, 2022, 11:12: AM
ANSWERED BY EXPERTCBSE 12-commerce - Macroeconomics
Asked by mokeshkumardop | 30 Sep, 2021, 05:48: PM
ANSWERED BY EXPERTCBSE 12-commerce - Macroeconomics
Asked by godwinjerald99 | 13 Jul, 2020, 06:52: PM
ANSWERED BY EXPERTCBSE 12-commerce - Macroeconomics
Asked by anujbajpai44 | 27 Jun, 2020, 02:29: PM
ANSWERED BY EXPERTCBSE 12-commerce - Macroeconomics
Asked by ravimundrakd | 17 Jun, 2020, 02:43: PM
ANSWERED BY EXPERTCBSE 12-commerce - Macroeconomics
Asked by fazzdoc110 | 12 Jun, 2020, 07:38: PM
ANSWERED BY EXPERTCBSE 12-commerce - Macroeconomics
Asked by anujbajpai44 | 30 May, 2020, 09:28: PM
ANSWERED BY EXPERTCBSE 12-commerce - Macroeconomics
Asked by anujbajpai44 | 25 May, 2020, 06:13: PM
ANSWERED BY EXPERTCBSE 12-commerce - Macroeconomics
Asked by anujbajpai44 | 13 May, 2020, 07:33: PM
ANSWERED BY EXPERT
