Answer:
The answer is letter C.
Explanation:
The promotion tool used by Cream Bay Ice Cream is a point-of-purchase promotions
If the marginal propensity to consume is 0.6, then real GDP will increase by $250 billion.
<h3>What will be the real GDP?</h3>
Real GDP is the gross domestic product of a country that has been adjusted for inflation. Gross domestic product is the total value of all the final goods and services that is produced by a country in a particular period.
Marginal propensity to consume is portion of disposable income that is spent on consumption. Marginal propensity to consume can also be described as the amount of real GDP that is spent on consumption. When spending increases, the value of the real GDP would also increase. The increase in real GDP would be as a result of an increase in spending and saving.
Increase in Real GDP = (MPC x increase in spending) + (MPS x increase in spending)
(100 x 0.6) + [(1 - 0.6) x 100 ] = $250 billion
To learn more about MPC, please check: brainly.com/question/19089833
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Answer:
This is an example of Utilitarianism Ethical System
Explanation:
Utilitarianism is simply an ethical system that possesses the sole aim of facilitating the greatest good for the greatest number. By shutting down under-performing facilities and opening factories overseas, it gives the company a greater chance at competing effectively in the global market and also, bringing about increase job opportunities and profits.
Answer:
customer excellence
Explanation:
The night clerk is not in charge of looking for dry cleaners, he is not Maria's personal assistant nor does he own or operate a dry cleaning service. So the fact that he did more than his job requires him to do, exemplifies how Ritz-Carlton's employees are committed to providing excellent customer service. That small extra effort can really make a difference.
Answer:
11.4%
Explanation:
Given that,
Average annual return on the S&P 500 Index from 1986 to 1995 = 16.20%
Average annual T-bill yield during the same period = 4.80%
Market risk premium is the difference between the expected return on the portfolio (market) and the risk free return.
Therefore,
Average market risk premium = Return on market - risk free return
= 0.1620 - 0.048
= 0.114 or 11.4%