Saturday, December 9, 2017

Autonomous consumption


(i) Consumption is that part of income which is spent on purchasing goods and services. Autonomous consumption refers to the types of consumption which is independent of income. It is income inelastic.

(ii) Autonomous consumption can never be zero. Even at a zero income level, there is some positive autonomous consumption.



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14 comments:

  1. Atharva Rao08 March, 2019 21:28

    if this helps me in tomrrows exam then i will tell my every friend relatives about this

    ReplyDelete
  2. Unknown08 March, 2019 21:43

    Do make diagrams

    ReplyDelete
  3. Unknown08 March, 2019 22:21

    All the best to all for tommorow Broys!!

    ReplyDelete
  4. Anonymous08 March, 2019 22:35

    i haven't learned anything are there any chances to be passed
    ??

    ReplyDelete
  5. Unknown09 March, 2019 03:06

    If I will study only these imp question of omtex i will pass economics exam ?

    ReplyDelete
  6. Unknown06 December, 2019 18:34

    Sir aapne bola tha ki 4 points likna hai but yaha toh buss 2 hi point hai aur 2 kaha se milega !!?

    ReplyDelete
    Replies
    1. Anurag singh10 December, 2019 12:34

      Wo questions ke mark ke upar depend krta h bhai...

      Delete
  7. Unknown11 February, 2020 12:14

    Is this for 2020???

    ReplyDelete

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