Economy, asked by harshchaurasiap5zu67, 1 year ago

what is linear consumption function ?

Answers

Answered by S4MAEL

9

Linear Consumption Function: There are two important concepts of propensity to consume, the one being average propensity to consume and the other marginal propensity to consume. ... Now, how muchconsumption changes in response to a given change in income depends upon the average and marginal propensity to consume

harshchaurasiap5zu67: thankx bro

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