Question

what id consumption function ?
2. उपभोग प्रवृत्ति को परिभाषित की
Define propensity to consume
3. सीमांत उपभोग प्रवृत्ति तथा औसत
तत्वों की चर्चा करें।
Distinguish between marginal p
factors which determine the pro
4. "केन्ज का सबसे अधिक महत्त्वपूर्ण
"Keynes' most notable contribu
उपभोग के मनोवैज्ञानिक सिद्धांत के
Explain psychological law of co
5. केन्ज के मनोवैज्ञानिक सिद्धांत की
State and explain Keynes psych
16. उपभोग फलन क्या है? APC तथ
What is consumption function
arributes?
7. सीमांत उपभोग प्रवृत्ति की धारणा की
Discuss the concept of marginal​

Answer 1

Answer:

consumption function is the functional relation between consumption and income.

Propensity to consume, in economics, the proportion of total income or of an increase in income that consumers tend to spend on goods and services rather than to save.