Economy, asked by pratapsingh3497, 8 months ago

At break even point consumption and income are....​

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Answered by Sahithi234
25

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Answered by SmritiSami
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At the break-even point, consumption and income are equal.

  • At the break-even point, income = consumption.
  • When income is equal to consumption, the savings become 0 because Consumption + Savings = Income.
  • Break-even point is the point where the consumption curve intersects the income curve ( 45° line ).
  • Below the break-even point the savings are negative because consumption is greater than the income.

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