IndigoLearn

Forums

All Topics Accountancy Auditing Corporate & Other Laws Direct Taxation Indirect Taxation Financial Management Economics Costing Strategic Management Maths & Stats Exams Others AFM Financial Reporting CFA Level I

National income

Economics

In the given graph why does line 1 start from origin and line 2 started from y axis? Although line 1 has C in it.. why does it start from orgin? Please reply... ASAP...!!

Sai Teja

CA Final

★ 14K+

03-Jun-21 16:17

360

Answers (5)

Best Answer

Thread Starter

Sai Teja

Could you please explain it.. a bit more briefly..

It is because even if your income is zero you consume for necessities right . So consumption starts above the origin

Enuguru Sai Nithin

CA Final

★ 78K+

03-Jun-21 17:24

Consumption starts from zero units

Poojitha Jana

CA Foundation

★ 280

03-Jun-21 16:36

Poojitha Jana

Consumption starts from zero units

Could you please explain it.. a bit more briefly..

Thread Starter

Sai Teja

CA Final

★ 14K+

03-Jun-21 16:41

Income(Y) starts from zero level whereas consumption is done at present by using past savings

Poojitha Jana

CA Foundation

★ 280

03-Jun-21 20:11

Soo consumption(C) always starts from above zero level

Poojitha Jana

CA Foundation

★ 280

03-Jun-21 20:14

Connect With Us

Sales

964-011-1110 / 913-331-0549

Support

915-491-1196

964-011-1110

support@indigolearn.com

Company

About Us

Careers

Information

Testimonials

FAQ

Terms & Conditions

CIN: U74999TG2017PTC116012 | GSTIN: 36AAECI4332C1Z0 | PAN: AAECI4332C

IndigoLearn

National income

Connect With Us

Company

Information

Courses

Course Guides

Offerings