consumption
121Autonomous consumption — is a term used to describe consumption expenditure that occurs when income levels are zero. Such consumption is considered autonomous of income only when expenditure on these consumables does not vary with changes in income. If income levels are… …
122Intertemporal consumption — Economic theories of intertemporal consumption seek to explain people s preferences in relation to consumption and saving over the course of their life. The earliest work on the subject was by Irving Fisher and Roy Harrod who described hump… …
123Sustainable consumption — Main articles: Sustainability, Sustainable livingDefinitions of sustainable consumption share a number of common features, and to an extent build in the characteristics of sustainable production, it s twin sister concept and inherit much of from… …
124collaborative consumption — n. An economic model in which consumers use online tools to collaborate on owning, renting, sharing, and trading goods and services. Example Citations: From social lending (Zopa), to car sharing (Zipcar) to co working (HubCulture), to peer to… …
125Brake specific fuel consumption — (BSFC) is a measure of an engine s efficiency. It is the rate of fuel consumption divided by the power produced. BSFC is specific for shaft engines such as reciprocating engine. The BSFC Calculation (in metric units) To calculate BSFC, use the… …
126Induced consumption — is a term used to describe consumption expenditure by households on goods and services which varies with income. Such consumption is considered induced by income when expenditure on these consumables varies as income changes.For example,… …
127Natural resources consumption tax — Taxation An aspect of fiscal policy …
128Dog meat consumption in South Korea — South Korean name Hangul 개고기 Revised Romanization Gaegogi …
