Waec Model Questions Vol1 2022 Economics Question 30
Practice objective / multiple choice question 30 from the 2022 Waec Model Questions Vol1 Economics examination.
A household's consumption rises from ₦200,000 to ₦260,000 when its disposable income increases from ₦400,000 to ₦500,000. What is the marginal propensity to consume (MPC)?
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About This Question
This is Waec Model Questions Vol1 2022 Economics Question 30. It is one of the objective questions from the 2022 Waec Model Questions Vol1 Economics examination.
Difficulty level: Easy .
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