Question

Explain the meaning of marginal propensity To consume??​

Answer 1

Answer:

In economics, the marginal propensity to consume is a metric that quantifies induced consumption, the concept that the increase in personal consumer spending occurs with an increase in disposable income. The proportion of disposable income which individuals spend on consumption is known as propensity to consume. 

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Answer 2

marginal propensity to consume the metric quantify induced consumption, the concept that the increase in the personal consumer pending occurs with the increase in disponable. the proposition of disponable income which individually and on the the consumption is known to consume