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2 years ago

Suppose a consumption function is given as c = $500 0.75yd. the marginal propensity to consume is:_______.

Business

1 answer:

Anika [276]2 years ago

6 0

Suppose a consumption function is given as c = $500 0.75yd. the marginal propensity to consume is 0.75

The link between consumer spending and the different factors influencing it is known as the consumption function in economics. At the level of the household or family, these variables may include wealth, interest rates, age, education, and family size. They may also include expectations about the level and riskiness of future wealth or income.

The consumer's preferences (such as their ability to delay gratification or their patience), attitude toward risk, and whether they want to leave a bequest all have an impact on how they purchase. Numerous macroeconomic and microeconomic concerns depend on the peculiarities of consumption functions.

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2 years ago

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4 years ago

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The correct option is the acquisition of these treasury shares decreased total stockholders' equity.

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Initially the total stockholders' equity is $133,900 ($13*10,300) which comprised of $82,400 common stock ($8*10,300) $51,500 paid in capital in capital in excess of par value.

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In other words,the first option is the correct choice of answer

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