What is consumption¿Good afternoon – InterviewSolution

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1.	What is consumption¿Good afternoon
Answer» Consumption, defined as SPENDING for acquisition of utility, is a MAJOR concept in ECONOMICS and is also studied in many other social sciences. It is seen in contrast to investing, which is spending for acquisition of future income. Different schools of economists define consumption differently.Explanation:❥︎HEY DEAR HERE IS UR ANSWER❤︎ ❥︎PLZ LIKE MY ANSWER AND MARK ME AS BRILLIANT❤︎ ❥︎BYE TC HAVE A GREAT DAY❤︎

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