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Kitty [74]
2 years ago
14

a. Suppose the marginal propensity to consume (MPC) for a nation is 0.67. What is the tax multiplier for this nation

Business
1 answer:
algol [13]2 years ago
7 0

Assuming the marginal propensity to consume (MPC) for a nation is 0.67. The tax multiplier for this nation is: 2.03.

<h3>Tax multiplier</h3>

Using this formula

Tax multiplier=-MPC/1-MPC

Where:

Marginal propensity to consume (MPC)=0.67

Let plug in the formula

Tax multiplier=0.67/1-0.67

Tax multiplier=0.67/0.33

Tax muitiplier=2.03

Inconclusion the tax multiplier for this nation is: 2.03.

Learn more about  tax multiplier here:brainly.com/question/16965373

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Furniture Shine is introducing an improved version of its existing wax targeted to owners of antiques. The firm has decided to l
ra1l [238]

Answer:

modified product - multiple markets

Explanation:

This type of strategy consists of offering different products, which are modified versions of some exiting product, to new markets.

In this case, the improved version of the wood wax is a modified version of the old wood wax, and is going to be targeted to a new and specific market (antique owners), while the original version is still going to be targeted at the current market.

4 0
4 years ago
The best test of whether potential entry is a strong or weak competitive force is Select one: a. to ask if the industry's growth
timofeeve [1]

Answer:

The correct answer is letter "A": to ask if the industry's growth and profit prospects are strongly attractive to potential entry candidates.

Explanation:

The worldwide economy has allowed firms to expand their operations benefiting them by exploring new markets and increasing their number of customers, thus, generating more revenue. Before the firm decides to go ahead with the venture, <em>a market analysis must be performed to determine if the industry in the target country is growing and facilitates the operation of the business to ensure profits.</em>

8 0
3 years ago
if a company with multiple shareholding owners merged with another company, how would the merger affect the shareholders
grandymaker [24]

If the merge happens, shareholders of both companies will have a stake in the new one.

Merger announcements will specify what percentage of the combined company each group of shareholders will own  based on the deal's terms. Shareholders whose shares are not exchanged will find their control of the larger company diluted by the issuance of new shares to the other company's shareholders.

To know more about shareholders visit :

brainly.com/question/29803660

#SPJ4

6 0
1 year ago
g Closser Corporation produces and sells two products. In the most recent month, Product M50S had sales of $43,000 and variable
expeople1 [14]

Answer:

$63,260

Explanation:

Break-even point is the level of Activity where a firm neither makes a profit nor a loss.

Break even point (Dollars) = Fixed Costs / Contribution Margin Ratio

Contribution Margin Ratio

Is calculated as := Contribution / Sales

                           = (Sales less Variable Costs) / Sales    

                           = ($43,000+$56,000-$11,980-$14,750) / $99,000

                           = $72,270/$99,000

                           = 0.73

Break even point (Dollars) = $46,180 /  0.73

                                            = $63,260

6 0
3 years ago
Allison will graduate from high school next June. She has ranked her three possible post-graduation plans in the following order
Dmitrij [34]

Answer:

<u>tutoring opportunity cost: </u>20,000 consulting job

<u>consulting job opportunity cost:</u> 5,000 + travel from tutoring

<u>collegue:</u> 20,000 consulting job

Explanation:

opportunity cost: cost of the best rejected project, proposal or income

income from work as a consulting job: 20,000

income from tutoring: 5,000 ( externality of travel around the world)

collegue cost of 5,000

The tutorng has an externality of travel around the world. We can measure how much Allison values that chances but it is something she will consider when picking her plan.

6 0
4 years ago
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