What do you understand by “per capita demand”? How it is determine – InterviewSolution

InterviewSolution

1.	What do you understand by “per capita demand”? How it is determined?
Answer» PER capita income (PCI) or average income measures the average income earned per person in a given area (city, region, country, etc.) in a SPECIFIED YEAR. It is calculated by dividing the area's TOTAL income by its total population.I hope my answer HELPED you!!

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