Samuel Rohrer Is Providing Consumers with a New, Unique Business

question 76

Multiple Choice

Samuel Rohrer is providing consumers with a new, unique business. The stage of the growth where his business has demonstrated that it is a workable business entity is considered the:

• A) start-up stage.
• B) survival stage.
• C) success stage.
• D) takeoff stage.
• E) resource maturity stage.

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Definitions:

Consumption

The use of goods and services by households that leads to a decrease in their availability.

Disposable Income

Available financial merits for households towards spending and saving following income tax subtractions.

MPC

Marginal Propensity to Consume, which is the proportion of any additional income that is spent on consumption rather than being saved.

Savings

Money set aside typically in financial instruments, representing deferred consumption or for future use.