00:01
Hello students, we are given a question here that the consumption function c is given as equals to 50 plus 0 .75.
00:08
We need to write the corresponding consumption, sorry, saving function and at what level of income saving becomes zero.
00:15
So we are supposed to know that here it is a proper concept based question.
00:20
We can say that here c is equals to 50 plus a 0 .75 times of y.
00:27
It is the consumption function.
00:28
So we can just say that here, saving is equal to savings is equal to income minus consumption.
00:38
Okay, students, income minus consumption.
00:42
So basically saving as can be written as here, income can be written as y minus consumption is 50 plus 0 .75 times of y.
00:53
Okay, students.
00:54
Now, as we are supposed to note that, as can be written as y minus 50, minus 0 .75 times of y.
01:02
It means s is equals to here y minus 0 .75 y.
01:06
It means 0 .25.
01:09
It means 0 .25...