Question

are theire any limitationd for average income
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Answer 1

Average income of a person depends from place to place so it cannot be told that easily. the basic limitations are that they are not able to overspend on excessive things that are not meant for them. It is measures the average income earned per person in given area (city, region, country, etc) in a specific year.

Answer 2

Average income of a person depends from place to place so it cannot be told that easily

Limitations of per capita income are : (i) A rise in per capita income is due to rise in prices and not due to increase in physical output, it is not a reliable index of economic development. (ii) National income rises but its distribution makes the rich richer and the poor poorer.

Hope it helps u.....