mheducation Module 3 Exam Help Save Exit Submit 3 The graph

mheducation Module 3 Exam Help Save & Exit Submit 3 The graph shows the relationship between consumption and income Which of the following ststements is comrect? Mutiple Choice The average propensity to consume at income level K is given by KM dvided by KN The marginal propenstytoconsume can be cacated by dividing LMby O 7 0

Solution

Answer is The average propensity to consume t income K is given by KM divided by KN

Explanation: Propensity to consume shall be divided by Total consumption divided by Total income.