Question Description
What does the term "marginal propensity to consume" (MPC) refer to?a)The increase in investment due to a change in income.b)The increase in savings due to a change in consumption.c)The increase in consumption due to a change in income.d)The increase in income due to a change in savings.Correct answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What does the term "marginal propensity to consume" (MPC) refer to?a)The increase in investment due to a change in income.b)The increase in savings due to a change in consumption.c)The increase in consumption due to a change in income.d)The increase in income due to a change in savings.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What does the term "marginal propensity to consume" (MPC) refer to?a)The increase in investment due to a change in income.b)The increase in savings due to a change in consumption.c)The increase in consumption due to a change in income.d)The increase in income due to a change in savings.Correct answer is option 'C'. Can you explain this answer?.

Solutions for What does the term "marginal propensity to consume" (MPC) refer to?a)The increase in investment due to a change in income.b)The increase in savings due to a change in consumption.c)The increase in consumption due to a change in income.d)The increase in income due to a change in savings.Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for B Com. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free.

Here you can find the meaning of What does the term "marginal propensity to consume" (MPC) refer to?a)The increase in investment due to a change in income.b)The increase in savings due to a change in consumption.c)The increase in consumption due to a change in income.d)The increase in income due to a change in savings.Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of What does the term "marginal propensity to consume" (MPC) refer to?a)The increase in investment due to a change in income.b)The increase in savings due to a change in consumption.c)The increase in consumption due to a change in income.d)The increase in income due to a change in savings.Correct answer is option 'C'. Can you explain this answer?, a detailed solution for What does the term "marginal propensity to consume" (MPC) refer to?a)The increase in investment due to a change in income.b)The increase in savings due to a change in consumption.c)The increase in consumption due to a change in income.d)The increase in income due to a change in savings.Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of What does the term "marginal propensity to consume" (MPC) refer to?a)The increase in investment due to a change in income.b)The increase in savings due to a change in consumption.c)The increase in consumption due to a change in income.d)The increase in income due to a change in savings.Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice What does the term "marginal propensity to consume" (MPC) refer to?a)The increase in investment due to a change in income.b)The increase in savings due to a change in consumption.c)The increase in consumption due to a change in income.d)The increase in income due to a change in savings.Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice B Com tests.