Question : When income level is zero, the consumption is ___________.

Option 1: Positive

Option 2: Negative

Option 3: Zero

Option 4: None of the above.

Question

Question : When income level is zero, the consumption is ___________.

Option 1: Positive

Option 2: Negative

Option 3: Zero

Option 4: None of the above.

Team Careers360 · Accepted Answer

Correct Answer: Positive

Solution : There is always some minimum level of consumption even when the income is zero. It happens because people need certain basic goods and services to sustain themselves.
Hence, Option A is correct.

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Question : When income level is zero, the consumption is ___________. Option 1: Positive Option 2: Negative Option 3: Zero Option 4: None of the above.

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Question : When income level is zero, the consumption is ___________.

Option 1: Positive

Option 2: Negative

Option 3: Zero

Option 4: None of the above.