Answer:
0.75
Explanation:
Marginal Propensity to Consume (MPC) is the change in consumption due to change in income
Change in consumption = $7,250 - $6,500 = $750
Change in income = $11,000 - $10,000 = $1,000
MPC = Change in consumption / Change in income
MPC = 750 / 100
MPC = 0.75
Answer: First-Mover Advantage
Explanation:
The FIRST MOVER is a SERVICE, PRODUCT or COMPANY that gains a COMPETITIVE ADVANTAGE by getting to a market first.
Advantages of this include being able to establish Strong Brand and Customer Loyalty before competitors come into the market and the opportunity of extra time to perfect marketing and production strategies to fully capitalise on market share.
First movers are usually followed by competitors immediately but more often than not, the first mover has established such a strong market share and a solid enough customer base that it maintains the majority of the market.
Incorporating small businesses into local government decisions can help ensure the small town culture within the community.
- Small businesses will also participate and volunteer their time at fairs and festivals, working to connect with members of the community while sharing their services to a large audience.
Answer:
The question is missing the below options:
$1,333.33
$1,401.49
$1,108.91
$1,282.16
$1,487.06
Monthly payment is $1,401.49 as shown below
Explanation:
In calculating the amount of each monthly payment, PMT formula in excel comes very handy.The formula is stated below:
PMT(rate,nper,pv,-fv)
The rate is the percentage of interest payable on the loan considering that repayment is made monthly, hence the rate in this case 9.2% divided by number of repayments in a year,12
rate=9.2%/12=0.007666667
nper is the number of times repayment would be made, which is calculated as five years multiplied by the number of repayments in a year i.e 5*12=60
pv is the actual amount borrowed , 80%*$84000=$67200
The fv future value is nil
PMT(0.007666667
,60,67200,0)
PMT=$1,401.49
Find attached as well.
<h2>Yes the given statement is true by analyzing the chart attached.</h2>
Explanation:
Let us understand what teen means and what age group comes under teen.
All the age which ends with teen falls under teen age.
Age group: 13 to 19
When we analyze the data,
Age group <18: In 2008, the tax filers are 1.9 % and it declined to 1.4% in 2016
Age group 18 to 24: In 2008, the tax filer are 16.3% and 15.6 in 2016
So the the number of tax filers who filed in 2016 is less than 2008.
People whose age >55 has got more opportunity when compared to 2008
From this we can conclude that teens find difficult to get part-time and summer work
