at a certain level of income in the economy, savings are found to be zero what will be the - Economics - The Theory of The Firm Under Perfect Competition

Question

at a certain level of income in the economy, savings are found to
be zero what will be the value of average propensity to consume at
this level and what is this situation known as ?

Komal Rani · Accepted Answer

Dear Student
Savings are Zero when Consumption is equal to Income This situation
is known as Break Even
APC at this point of time is 1

Regards

at a certain level of income in the economy, savings are found to be zero. what will be the value of average propensity to consume at this level and what is this situation known as ?