How to calculate total consumption?

Use the below data for the calculation of total consumption: – You can use this calculator. Consumption function equation describes C = c+bY. If the value of (By) is higher, the total consumption value will increase. It certainly says that if income increases, expenditure also increases.

How to calculate consumption if income increases and expenditure increases?

You can use this calculator. Consumption function equation describes C = c+bY. If the value of (By) is higher, the total consumption value will increase. It certainly says that if income increases, expenditure also increases. We must consider that the income increase rate is more than the expenditure increase rate.

How do you calculate the monthly inventory usage rate?

To calculate the monthly inventory usage rate, we’d take the total inventory usage and divide by the number of months. Over the quarter, there were about 12 bottles used per month.