1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Finger [1]
2 years ago
13

suppose you get $500 for your birthday and you spend $350 and save the remaining $150. the marginal propensity to save or mps is

equal to
Business
1 answer:
arsen [322]2 years ago
8 0

The marginal propensity to save is equal to 0.3.

<h3>What is the marginal propensity to save?</h3>

The marginal propensity to save is the proportion of a person's income that is saved as opposed to spending it on consumption.

The marginal propensity to save is the ratio of the amount saved to income. The marginal propensity to save is used to quantify the relationship between changes in savings and changes in income.

In economics, it is assumed that disposable income is either saved or consumed. Thus, the marginal propensity to save and the marginal propensity to consume would be equal to one. The marginal propensity to consume is the ratio of amount spent on consumption to income.

The marginal propensity to save = amount that is saved / income

$150 / $500 = 0.3

To learn more about marginal propensity to save, please check: brainly.com/question/19089833

#SPJ1

You might be interested in
During a retirement ceremony, Jose becomes emotional at the sentiment expressed by the speakers. This is an example of
lord [1]
Empathetic listening
7 0
3 years ago
Read 2 more answers
On September 1, 2021, Southwest Airlines borrows $39.1 million, of which $6.2 million is due next year. Show how Southwest Airli
Igoryamba

Answer:

The preparation is shown below:

Explanation:

The preparation is shown below:

                                         Balance sheet

Current liability

current portion of long term debt $6,200,000

Long term liability

notes payable $32,900,000

Total liabilities $39,100,000

We simply classify the liabilities into two types i.e current liabilities and the long term liabilities

8 0
3 years ago
The average total cost of producing electronic calculators in a factory is $20 at the current output level of 100 units per week
olga_2 [115]

Answer:

C. total cost is $3000

Explanation:

Fixed cost is $1000 no matter what per week.

Your output is 100 units, average cost to produce each is $20.

so 100 * $20 = $2,000

total cost is $3000

hope this helps

4 0
3 years ago
Assume a firm's production process requires an average of 80 days to go from raw materials to finished products and another 40 d
MaRussiya [10]

Answer:

(C) 110 days

Explanation:

The computation of the operating cycle is shown below:

= Average days of process from raw materials to finished products + another days before the finished goods are sold + average days of accounts receivable -  average days of accounts payable

=  80 days + 40 days + 70 days -  80 days

= 110 days

While calculating the operating cycle we add the inventory days, accounts receivable and deduct the account payable days.

6 0
3 years ago
is a multi-division firm that uses its overall WACC as the discount rate for all proposed projects. Each division is in a separa
MatroZZZ [7]

Answer:

The right answer to this question is to choose higher-risk projects over low-risk projects.

Explanation:

Jenner is a multi-division company that uses its overall WACC as a discount rate for all proposed projects. Every division is in a different line of business, every of which poses risks specific to those divisions.

WACC lowered the overall expense of the various sources of finance by using the mechanics involved in calculating the costs of these sources of fluidity. Organizations use the hybrid structure that costs the customer to the organization to save the source of funding in WACC.

5 0
4 years ago
Other questions:
  • A bond has a coupon rate of 6 percent and the bond makes semiannual coupon payments. The dollar amount of coupon interest receiv
    14·1 answer
  • Deecee Co. adjusted its historical cost income statement by applying specific price indexes to its depreciation expense and cost
    8·1 answer
  • Roberto Corporation was organized on January 1, 2018. The firm was authorized to issue 100,000 shares of $5 par common stock. Du
    6·1 answer
  • The printer ran out of preprinted sales invoice forms and several sales invoices were not printed. The best internal control to
    14·1 answer
  • How much money should i bring to a concert?
    9·1 answer
  • At an activity level of 3,000 units, North Corporation's total variable cost is $15,000 and its total fixed cost is $20,000. For
    5·1 answer
  • The following options it gives me are
    6·1 answer
  • A contingent liability can be classified as all of the following except for a.Certain b.Probable c.Remote d.Reasonably possible
    8·1 answer
  • What is Financing Decision??​
    11·2 answers
  • a company using the periodic inventory system has inventory costing $115 on hand at the beginning of a period. during the period
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!