Refer to the Consumption Schedule Above

question 114

Multiple Choice

Refer to the consumption schedule above. The marginal propensity to consume is represented by:

• A) GF/BE
• B) EF/BE
• C) GE/AB
• D) DE/AB

---

Definitions:

Remedy

Refers to a treatment, solution, or means of correcting or improving a problem, situation, or condition.

Bullwhip Measure

A metric used to quantify the increase in fluctuation at higher tiers of a supply chain caused by small changes in demand at the consumer end.

Bullwhip Effect

A phenomenon in supply chains where minor fluctuations in demand at the retail level cause progressively larger fluctuations in demand at the wholesaler, manufacturer, and supplier levels.

Bullwhip Effect

An occurrence within supply chain management where minor changes in retail demand lead to increasingly significant changes in demand for wholesalers, distributors, and manufacturers.