The Ratio of a Change in Consumption to a Change

question 78

Multiple Choice

The ratio of a change in consumption to a change in disposable income is the:

• A)consumption function.
• B)propensity to consume.
• C)average propensity to consume.
• D)extra propensity to consume.
• E)marginal propensity to consume.

---

Definitions:

Marketing Data

Information collected from market research or marketing activities, used to inform strategies or understand behavior.

Collection Techniques

Methods used to gather data, payments, or recover debts.

Concepts

General notions or ideas that form the basis of discussions or arguments.

Sampling

A marketing technique involving the distribution of free product samples to consumers, aimed at increasing awareness and fostering product trial.