Answer:
A. $600
Explanation:
The formula and the computation of the Marginal propensity to consume are shown below:
Marginal propensity to consume = Change in consumer spending ÷ Change in disposal income
0.6 = Change in consumer spending ÷ $1,000
So, the change in consumer spending is
= $1,000 × 0.6
= $600
Hence, the consumption that is given in the question is not considered. Therefore, ignored it
Answer:
All the above.
Explanation:
- Based on the articles the middle-class shrinks P&G high and low are identified by the environmental factors that may impact the development of the firm in the market.
a) Social
: The Social factor in the external environment of the form will be related to the firm showing the product whether it's accepted by the society at large.
b) Cultural
: This aspect will focus on the moral and ethical principles of the company wants to portray.
c) Demographic
: Factors related to the people and their age structures as they are customers users of the products.
d) Economic
: In terms of the revenue maximization and profit motive should target with the appropriate amount.
e) Competitive
: As the markets are highly competitive the demand for the product and the market values will be dependent on the company position of the product.
f) Technological has a larger and integrated role to play.
