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find-the-consumption-function-when-MPC-is-c-y-0-8-0-1-y-and-that-C-Y-when-Y-100-

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Question Number 26633 by jkssm1857@gmail.com last updated on 27/Dec/17
find the consumption function when MPC is c′(y)=0.8+0.1(√(y )) and that C=Y when Y=100
findtheconsumptionfunctionwhenMPCisc′(y)=0.8+0.1yandthatC=YwhenY=100

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