"Which statement describes the difference between APC" and MPC? APC is the change in consumption divided by the change in income, whereas MPC is total consumption divided by total income. APC is the change in savings divided by the change in consumption, whereas MPC is total savings divided by total consumption. APC is total consumption divided by total savings, whereas MPC is the change in consumption divided by the change in savings. APC is total consumption divided by total income, whereas MPC is the change in consumption divided by the change in income