The fee to set up a ceremony is $1,000 with reception rental or $1,500 for ceremony only. The venue allows 5 hours of event time excluding set up and clean up time. The average wedding cost at The Sky Room is estimated at between $10,810 and $19,717 for a ceremony & reception for 100 guests.
Consumption Schedule. The average propensity to consume is calculated by dividing consumption in the second column by income in the first column. Beginning near the top of the schedule, if household income is $1 trillion, then consumption is $1.75 trillion, giving an average consumption of 1.75.
DEFINITION of 'Average Propensity To Consume'. The average propensity to consume (APC) refers to the percentage of income that is spent on goods and services rather than on savings. One can determine the percentage of income spent by dividing the average household consumption (what is spent) by the average household income (what is earned). The inverse of the average propensity to consume is the average propensity to save (APS).