Income (Y) (in ₹ crore) | Savings (in ₹ crore) | Consumption (in ₹ crore) | Average Propensity to Consume (APC) |
---|---|---|---|
0 | (i) | 30 | - |
100 | 0 | 30 | 1 |
200 | 30 | 170 | 0.85 |
300 | 60 | 240 | 0.8 |
Solve the following LPP graphically: Maximize: \[ Z = 2x + 3y \] Subject to: \[ \begin{aligned} x + 4y &\leq 8 \quad \text{(1)} \\ 2x + 3y &\leq 12 \quad \text{(2)} \\ 3x + y &\leq 9 \quad \text{(3)} \\ x &\geq 0,\quad y \geq 0 \quad \text{(non-negativity constraints)} \end{aligned} \]