Question

plz answer asap!!!!!​

Answer 1

Answer:

Marginal Propensity to Consume(MPC) formula = Change in Consumer spending / Change in Income

Explanation:

Marginal Propensity to Consume formula

= (C1 – C0) / (I1 – I0),

C0 = Initial consumer spending

C1 = Final consumer spending

I0 = Initial disposable income

I1 = Final disposable income