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Online Retailing Has Evolved to Include Social Shopping Options Like

question 24

Multiple Choice

Online retailing has evolved to include social shopping options like intermediaries (Groupon) , marketplaces (Goggle Offer) , and __________ (Yipit) .


Definitions:

APS

The Average Propensity to Save, which is the proportion of income that households save rather than consume.

MPC

The marginal propensity to consume, which is the portion of additional income that a consumer spends on goods and services.

Consumption

The total value of goods and services consumed by households and businesses.

APC

Average Propensity to Consume, the fraction of total disposable income that households plan to spend on consumption as opposed to saving.

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