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Economics · 2025 · 1 mark
CBSE 2025 · Region 6 · Set 1 · Q3
If an upward sloping straight line consumption function makes an intercept at the Y-axis at a positive coordinate, it implies that Marginal Propensity to Consume (MPC) _____________ and Average Propensity to Consume (APC) _____________ as the income increases.(Choose the correct option to fill in the blanks)
Official answer
From CBSE’s own marking scheme for this paper.
(C)
remains constant, falls
Marking-scheme solution
(C)
remains constant, falls
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CBSE Class 12 Economics past-paper question from the 2025board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.