what is consumption? hi good morning friends. what is the definition of climate?
Answers
Answered by
2
Explanation:
hloo good morning ..
Consumption, defined as spending for acquisition of utility, is a major concept in economics and is also studied in many other social sciences. It is seen in contrast to investing, which is spending for acquisition of future income. Different schools of economists define consumption differently.
Climate - Climate is the long-term pattern of weather in an area, typically averaged over a period of 30 years.
Plss mark as brainlist answerr
Answered by
4
Answer:
hi
good morning
Explanation:
consumption, in economics, the use of goods and services by households. Consumption is distinct from consumption expenditure, which is the purchase of goods and services for use by households. ... The study of consumption behaviour plays a central role in both macroeconomics and microeconomics.
Climate is the average weather in a given area over a longer period of time. A description of a climate includes information on, e.g. the average temperature in different seasons, rainfall, and sunshine.
Similar questions
Computer Science,
4 days ago
Math,
9 days ago
Chemistry,
9 days ago
Political Science,
8 months ago
Math,
8 months ago