Economy, asked by Anonymous, 5 hours ago

What do ya' mean by Marginal propensity‽​

Answers

Answered by anushikumari1122
1

Answer:

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.

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Answered by kumari009299
0

In economics, the marginal propensity to consume (MPC) is defined as the proportion of an aggregate raise in pay that a consumer spends on the consumption of goods and services, as opposed to saving it.

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