In this graph,when disposable income is 4,000,consumption is

A) 4,000.
B) 3,250.
C) 2,500.
D) 1,000.

Question

In this graph,when disposable income is 4,000,consumption isA) 4,000.B) 3,250.C) 2,500.D) 1,000.

laila salhi · Accepted Answer

Final Answer : B, Explanation :  Without seeing the specific graph, we can deduce that the correct answer is based on a typical consumption function, where consumption increases with an increase in disposable income but does not equal the disposable income due to savings and other factors. Therefore, among the provided options, B) 3,250 is a plausible consumption level when disposable income is 4,000, assuming it reflects a situation where individuals save or do not spend a portion of their income.

In this graph,when disposable income is 4,000,consumption is

A) 4,000.
B) 3,250.
C) 2,500.
D) 1,000.

Definitions

Learning Objectives

Learning Objectives

Related questions