The UPC Bar Code Has a Center Divider with the Field

question 8

Multiple Choice

The UPC bar code has a center divider with the field on the left and the field on the right representing

• A) The industry and the company ID, respectively
• B) The product ID and the company ID, respectively
• C) The company ID and the product ID, respectively
• D) The company ID and the industry, respectively

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Definitions:

Disposable Income

The funds that are available to households for saving and spending activities after the deduction of income taxes.

Induced Consumption

The portion of consumer spending that increases with an increase in disposable income, implying that as people earn more, they tend to spend more.

APC

In economics, it stands for Average Propensity to Consume, indicating the fraction of income that is spent.

Disposable Income

Resources households have at their disposal for saving and expenditure once income taxes have been accounted for.