Which of the Following Is an Example of a Disruptive

question 12

Multiple Choice

Which of the following is an example of a disruptive technology?

• A) Oracle's database software
• B) Sony's transistor-based consumer electronics (transistor radio)
• C) Intel's low-end microprocessors
• D) All of these

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Definitions:

MPS

The marginal propensity to save, which is the proportion of an increase in income that is saved rather than spent on consumption.

Disposable Income

Funds at households' discretion for savings and spending pursuits after the deduction of income taxes.

Autonomous Consumption

The minimum level of consumption that would still occur even if a consumer had no income, based on basic needs and obligations.

MPS

Marginal Propensity to Save, which is the fraction of an increase in income that is not spent on an increase in consumption.