Refer to the Information Provided in Figure 1

Multiple Choice

Refer to the information provided in Figure 1.5 below to answer the question(s) that follow. Figure 1.5
-Refer to Figure 1.5. As income increases, consumption increases, but for each additional increase in income, consumption increases by a larger and larger amount. If consumption is graphed on the vertical axis and income is graphed on the horizontal axis, the relationship between consumption and income would look like which of the following Panels?

A) A
B) B
C) C
D) D