Question

what is cosumption ?

Answer 1

Consumption can be defined in different ways, but it is best described as the final purchase of goods and services by individuals. The purchase of a new pair of shoes, a hamburger at the fast food restaurant or services, like getting your house cleaned, are all examples of consumption. It is also often referred to as consumer spending. 

Answer 2

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Explanation:

that people and other entities use. It is also the process of using something, often so that there is less of it available afterward. the consumption function is a single mathematical function used to express consumer spending

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