Question

At break even point consumption and income are​

Answer 1

Answer:

Break-even point (C = Y):

Break-even point (C = Y):At OM level of income (as represented by point E), consumption becomes equal to income and saving is zero. ... Break-Even Point refers to the point at which consumption is equal to national income. At this point, saving is zero.

Answer 2

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Answer:

Break-even point (C = Y):

Break-even point (C = Y):At OM level of income (as represented by point E), consumption becomes equal to income and saving is zero. ... Break-Even Point refers to the point at which consumption is equal to national income. At this point, saving is zero.