K 55115 ng Consumption, C 1400- 1200- 1000- 800- 600- 400- 200- 0- FESTIVA C = 600 +0.50Y C = 0.50Y 0 200 IC Cg 400 600 800 1000 Income, Y Q Q For each function, calculate and graph the average propensity to consume (APC) when income is $100, $300, and $600. To do this, 1.) Using the three-point curved line drawing tool, plot the APC curve for the first consumption function (C). Label your curve 'APC'. 2.) Using the three-point curved line drawing tool, plot the APC curve for the second consumption function (C). Label your curve 'APC'. Note: Let the three control points indicated by this tool correspond to incomes of $100, $300, and $600. Carefully follow the instructions above and only draw the required objects. Average propensity to consume (APC) 7.00T 6.00- 5.00- 4.00- 3.00- 2.00- 1.00- 0.00- to 100 200 300 400 500 600 700 800 900 1000 Income, Y

c1=600+0.50Yc2=0.50Y For each function, calculate and graph the average propensty to consume (APC) when income is 5100,5300, and $600. To do this, 1) Ushg the thre--boint curved line drawing tool, plot the APC curve tor the frat consumption. function ( (C1) L Label your cumve 'APC,' 2.) Using the eireo-point curved ine drawing foot, plot the APC curve for the sacond consumpoion funstion (C2) Labe your curve 'APC. Note: Let the three control points indicated by this tool correspond to ineomes of $100,5300, and $000 Carofily folow the instructions above and onily draw the mequirod odjecta