Question

Consumption depends upon income, how?

Answer 1

hi or the week after I started my new address for IIT Delhi IIT Delhi India I started a money or the moment and the only one who can do to make this work

Answer 2

Answer:

Consumption and income both are related to each other. Consumption depends on income because it was the main concept at the household and economic level.

Consumption increases based on income. People or the economy satisfy their needs to be spent of income.

Community consumption depends on the level of income if the level of consumption increased, income also increased.

Consumption is nothing but expenditure to purchase goods or something we want. It will depend on income.