Question

Mangesh saves Rs.200 every month out of his pocket money identify and explain

​

Answer 1

Answer:

The question is not appropriate please mention the question properly

Answer 2

Mangesh saves rupees 200 every month out of his pocket.

• The saving that is done by an individual from a particular income is known as the marginal propensity to save.
• If a particular individual gets rupees 1500 initially as his saving with which he saves a hundred rupees. When the income of a particular person increases to 2000 he changes his income to rupees 200.
• Marginal propensity to save is an economic term or an economic measurement that shows how the amount of savings changes with the change in income.
• The individual can either spend 1900 or save a hundred rupees or he can change by saving 200 rupees.
• Marginal propensity to consume is calculated by dividing the change in savings by changes in income.