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When autonomous consumption is 50,MPC is …

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When autonomous consumption is 50,MPC is 0.6, Y= 800, then value of saving will be

Posted by Preksha Patil 1 year, 2 months ago

CBSE > Class 12 > Economics

2 answers

Kanishq Sharma 1 year, 2 months ago

S=autonomous consumption+mps(y) 50+0.4(800) MPC =0.6 as MPC+MPS=1 so, MPS=>1-0.6=0.4 50+0.4(800) =450

Pallavi Pallavi 1 year, 2 months ago

Value of saving will be 325

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