Economy, asked by jharoshan06466, 1 year ago

what is autonomous consumption?​

Answers

Answered by nithya6755
6

Autonomous consumptions...

It is the consumption that is Independent to the income of the individual..

It exist when there is no income ..

It is must to be survival , and carried in anyway to consume...

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nithya6755: Thanks for your mark bro
Answered by HimanshuPandeya
2

Autonomous consumption is the consumption expenditure that occurs when income levels are zero. Such consumption is considered autonomous of income only when expenditure on these consumables does not vary with changes in income; generally, it may be required to fund necessities and debt obligations.

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