Economy, asked by tabsumtaski, 1 year ago

Why autonomous consumption equal 0 in long run consumption function explain it easily​

Answers

Answered by ayushkasaudhan
0

Answer:

Autonomous consumption is defined as expenditures taking place when disposable income levels are at zero. This consumption is typically used to fund consumer necessities, but it causes consumers to borrow money or withdraw from savings accounts.

Similar questions