The MPC Can Be Defined as The

question 49

Multiple Choice

The MPC can be defined as the:

• A) Change in consumption divided by the change in income
• B) Change in income divided by the change in consumption
• C) Ratio of income to saving
• D) Ratio of saving to consumption

---

Definitions:

Order Status Communication

The process of providing updates to customers about the progress and current status of their orders, from placement through to delivery.

Human Method

An approach that relies on human input, expertise, or interaction as part of a process or system.

Geo-Fencing

A location-based technology that uses small sensors to send messages to smartphone users who enter a nearby, defined geographic area.

Big Sale

A significant reduction in the prices of products or services, often for a limited period, to attract customers and increase sales volume.