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Runner Sprintz, a particular brand of shoes, has its own Web site, myrunnersprintz.com that welcomes consumers to "the Runner Sprintz Century," invites readers to post their Runner Sprintz stories, and offers a wide variety of shoes for direct purchase. The site even allows customers to individually design their own shoes and share them among their circles on the Web site. Which of the following best describes myrunnersprintz.com?
Consumption
Pertains to the aggregate volume of products and services that are purchased and consumed by families and people.
MPC
The marginal propensity to consume, which is the fraction of additional income that a household spends on consumption.
Disposable Income
Financially viable resources for households' spending and saving strategies after deducting income taxes.
Consumption
The action of using up a resource or the purchase of goods and services by households.
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