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If the consumption function is given …

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If the consumption function is given by: C=30+0.4Y, then determine the Break- even level of income? IT'S URGENT PLEASE HELP.

    • Posted by Sreashi Banerjee 6 years, 2 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Anjali Gupta 6 years, 2 months ago

    There might be some error in the question bcz it never ask for break even point rather mpc or mps,etc.... And accordind to saving and investment approach break even point is always zero since savings are zero

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