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Andrej [43]
2 years ago
7

Suppose you get $500 for your birthday. you spend $400 and save the remaining $100. hence, the marginal propensity to save or mp

s is equal to:_______
Business
1 answer:
Makovka662 [10]2 years ago
5 0

Assuming that you received $500 for your birthday, spent $400 of it, and saved the remaining $20. There are 20 MPs, or marginal propensities to save.

MPS= change in savings/change in income. A change in income of $500 changes savings by $20

<h3 /><h3>Why Do People Have a Marginal Propensity to Consume?</h3>
  • The opposite of MPS is the marginal propensity to consume (MPC). The link between income and consumption is quantified with the aid of MPC.
  • By dividing the change in spending by the change in income, one can determine their marginal propensity to consume.
  • In order to calculate how much spending rises for every dollar of increased income, MPC measures this relationship.

To learn about more Marginal propensity, visit:

brainly.com/question/13957387

#SPJ4

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Answer:

increase his consumption of product Y and decrease his consumption of product X

Explanation:

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The equal marginal principle talks about the behavior of a consumer in sharing his available income within various goods and services. This law states that how a consumer distributes his money income within various goods to be able obtain maximum satisfaction.

5 0
3 years ago
Levine Inc. is considering an investment that has an expected return of 15% and a standard deviation of 10%. What is the investm
NISA [10]

Answer:

A)0.67

Explanation:

Coefficient of variation can be regarded as the method that is usually devices in the assessment of the total risk per unit of return in a particular investment.

To calculate the investment's coefficient of variation, we use the expresion below

Coefficient of variation = standard deviation/expected return.

Given:

expected return = 15%

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Coefficient of variation =10/15

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Hence, the investment's coefficient of variation is 0.67

7 0
2 years ago
Subjective Questions
miv72 [106K]

Answer:

2.look at explanation.

Explanation:

2.Profession refers to type of a job that needs special training or skill after getting certain knowledge related to particular Sector

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Mandarinka [93]

Answer: Logistics

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True or False (PLEASE ANSWER QUICK)
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It’s TRUE I took the test
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