If total Income is N15m and total consumption Is N3m. Then the average propensity to consume is? By: Sunday|Published on: May 3|Categories: Economics NECO| 0 comments A. 0.2 B. 0.6 C. 0.7 D. 5 E. 10 Correct Answer: Option A – 0.2 Users Also Read These:The term marginal propensity to consume can best be…The income of an individual increases from N150 to…In the theory of production and cost, the average…Disposable income is total income?Given that the total fixed cost is N1,000, total…SEE ALSO Which of the following is NOT included in-measuring the National income through the income approach?