In our consumption function, when disposable income is zero, consumption is

A) a.
B) -cT.
C) cT.
D) -a.

A

Economics

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The product diversity resulting from monopolistic competition comes at the expense of having:

a. firms that will earn positive profits. b. firms that are too small to maximize profit. c. higher profit than would prevail under perfect competition. d. efficiency in the long run

Economics

Sue consumes only sub sandwiches and Mountain Dew. Subs and Mountain Dew are complements. If the price of a Mountain Dew increases

A) Sue's demand curve for sub sandwiches will shift rightward. B) Sue will move downward along her demand curve for Mountain Dews. C) Sue will move upward along her demand curve for Mountain Dews. D) Both answers A and C are correct.

Economics