What does breakeven point indicate ? (A) MPS = 0 (B) APC = 1 (C) MPS = 1 (D) APS = 0 Choose the correct answer from the options given below : Option 1: (D) and (A) only Option 2: (A), (B) and (C) only Option 3: (C) and (A) only Option 4: (B) and (D) only

The answer is '(B) and (D) only'. View full solution:

CUET Economics - What does breakeven point indicate ? (A) MPS = 0 (B) APC = 1 (C) MPS = 1 (D) APS = 0 Choose the correct answer from the options given below : | PYQs + Solutions

CUET Economics

Macro

Medium

(D) and (A) only

(A), (B) and (C) only

(B) and (D) only

✅ Correct Option: 4

Related questions:

31 May Shift 1

Match List-I with List-II

List-I	List-II
(A) An increase in proportional taxes	(I) Decreases consumption by MPC times the change in taxes.
(B) An increase in lump-sum taxes	(II) Automatic Stabilizer.
(C) Proportional income tax	(III) Aggregate demand curve shift inwards.
(D) Lump sum taxes	(IV) Do not depend upon income.

Choose the correct answer from the options given below:

CUET Economics 2022 Slot 1

If the equilibrium level of output is less than the full employment level, then it is a situation of:

15 May Shift 1

Identify the correct expression to calculate equilibrium level of income of an economy.