-Prepare the Quantity Schedule for Department J for October 2019 in good format from the information given.
Definitions:
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.
Disposable Income
Funds that households can direct towards their saving and spending ambitions after income taxes are accounted for.
Consumption
The portion of income spent on goods and services rather than saved.
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