Why does consumption curve not start from the origin
Asked by admin @ in Economy viewed by 366 People
Why does consumption Curve not start from the origin
Answered by admin @
If Consumption curve starts from its origin, it means that there is zero consumption of goods and services in that region.
This is practically impossible in the real world because even when a person does not earn any money, he has to consume something for survival with someone else's income.
Some Amount of goods or services are automatically consumed by each and every individual.
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