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If c = 450 and y …

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If c = 450 and y = 1000, what will be the average propensity to consume?

    • Posted by Vanshika Verma 4 years, 1 month ago

    CBSE > Class 12 > Economics
    • 2 answers

    Muhammed Rayhan 4 years, 1 month ago

    Average propensity to consume=consumption/income=c/y=450/1000=0.45

    0Thank You

    Mohd Muaz Malik 4 years, 1 month ago

    we know, APC = C/Y, APC= 450/1000= 0.45

    0Thank You

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