If total Income is N15m and total consumption Is N3m. Then the average propensity to consume is? by Sunday | May 3 | 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:If a country's national income increased from N1000…Let capital formation = CF, Production = P, C =…The term marginal propensity to consume can best be…The disposable income of Uche increases by N10…If the marginal propensity to consume is 0.75 and…