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Difference between apc and MPC

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Difference between apc and MPC

    • Posted by Pawan Meena 1 year, 5 months ago

    CBSE > Class 12 > Economics
    • 2 answers

    Shivam Mishra 1 year, 5 months ago

    Apc = average propensity to consume MPC= marginal propensity to consume

    0Thank You

    Sweety Gautam 1 year, 5 months ago

    Apc=refers to ratio of consumption expenditure to corresponding level of income. Mpc=it refers to ratio of change in consumption expenditure to change in total income.

    5Thank You

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