Social Sciences, asked by birthday8481, 1 month ago

what is the advantage of using average income over total income

Answers

Answered by xoxo369ananya123
0

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1)Average income is an important criterion for development as it explains the per capita availability of goods and services. 4)Averages are used for better understanding. 5)Different countries have different population so total income will not tell what an average person is likely to earn.

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Answered by AbhiThakur07
0

Explanation:

1)Average income is an important criterion for development as it explains the per capita availability of goods and services.

2)Averages are used for better understanding. 3)Different countries have different population so total income will not tell what an average person is likely to earn.

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