Marginal propensity to consume means:

Related MCQs

• The sum of marginal propensity to consume plus marginal propensity to save must equal to:
• The marginal propensity to save is defined as:
• Which of the following statement is FALSE with regard to marginal utility
• According to Marshall, The law of diminishing marginal utility
• Marginal utility is
• When Total utility is increasing at an decreasing rate, marginal utility is
• If a firm’s average cost is Rs.32 at 6 units of output and Rs.34 at 7 unit, which one among the following is the marginal cost of producing the 7th unit
• As a result of an increase in capital, ceteris paribus, ------ the marginal productivity of labour:
• The marginal productivity of labour:
• When marginal product reaches its maximum, what can be said of total product?