CBSE 2020 Class 12 Economics Outside Delhi Set 1
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Question : 23 of 47
Marks:
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Answer the following questions on the basis of given figure:
(ii) What is the significance of point ?
(i) What does the shaded area indicate?
(ii) What is the significance of point ?
Solution:
(i) The shaded area indicates "Dissavings".
(ii) At point , saving is zero and total income is equal to total consumption.
It means:
Point , average propensity to save is zero
(ii) At point , saving is zero and total income is equal to total consumption.
It means:
Point , average propensity to save is zero
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