Economy, asked by gsathyasathya19, 3 months ago

As National Income increases

a) APC falls and get nearer in value to the MPC b) The APC increases and the diverges in value

from the MPC c) The APC stays constant d) The APC always approaches infinity.​

Answers

Answered by lucky143424
0

Answer:

Hello!

APC falls continuously with increase in income because the proportion of income spent on consumption keeps on decreasing.

Explanation:

Hope it helps you a lot

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