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DefineMarginal propensity to consume

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DefineMarginal propensity to consume

    • Posted by Khushboo Pandey 7 years, 11 months ago

    CBSE > Class 12 > Economics
    • 3 answers

    Siddhant Singh Rathore 7 years, 11 months ago

    Marginal propensity to consume refers to the ratio of change in consumption expenditure to change in total income. MPC explains what proportion of change in income is spent on consumption

    0Thank You

    Karishma Kandoi 7 years, 11 months ago

    its change in consumtion / change in income

    0Thank You

    Yas S 7 years, 11 months ago

    It is the proportion of change in consumption and change in investment

    2Thank You

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