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List of top Economics Questions on Average and Marginal Propensity to Consume

If an upward sloping straight line consumption function makes an intercept at the Y-axis at a positive coordinate, it implies that Marginal Propensity to Consume (MPC) _______ and Average Propensity to Consume (APC) _______ as the income increases.
  • CBSE Class XII - 2025
  • CBSE Class XII
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  • Average and Marginal Propensity to Consume