Answer:
The correct answer is letter "B": $5 million.
Explanation:
Marginal Propensity to Consume (MPC) is a measure of how much consumption changes when income changes. MPC is calculated by dividing the change in consumption by the change in disposable income. Disposable income is the money households have available after deducting their expenses and taxes.
Thus, in the example:
<em>5,000,000 = </em><em>Change in consumption</em>
<em />
Then, <em>the change in consumption is $5 million.</em>
Answer:
Tony will pay interest of $6.50 as part of the first loan payment.
Explanation:
Amount of Loan = $1300
Annual Interest = 6%
Monthly interest rate = 6% / 12 = 0.5%
Monthly Loan Payment = $57.62
Monthly installment is compromised of the interest payment on the due balance and the principal payment.
Interest payment in first installment = $1300 x 0.5%
Interest payment in first installment = $6.50
Principal portion of first installment = $57.62 - $6.50
Principal portion of first installment = $51.12
Answer:
Today's organizations can be divided into three groups, which are-Profit, Nonprofit, and Governmental organizations.
Explanation:
For-profit businesses, non-profit organizations, and governments can all play unique and valuable roles in society. However there are certain challenges that are best addressed by cooperative ventures involving all three sectors.
Answer:
The reasons for using the variable-cost approach include all of the following except
this approach provides the most defensible bases for justifying prices to all interested parties.
Explanation:
This is not part of the reasons for using the variable-cost approach. But options b, c, and d are certainly the reasons why the variable-cost approach is used. The variable-cost approach provides a differential analysis for decision-making. It assigns overhead costs to the period in which they are incurred, while other variable costs are assigned to the merchandise produced within that period. Thus, by excluding fixed manufacturing overhead cost, only the direct costs associated with production are used in accounting for the product's costs.
Answer:
B) data-driven decision making
Explanation:
Data driven decision making (DDDM) is a decision making process that relies heavily on hard data and previously collected and analyzed information. This method rejects any type of decision made without hard facts that support it, e.g. intuitive or spontaneous decisions.
The problem with this decision making process is that information that was useful before may not be useful anymore in the present. If you are going to base your decisions only in past information, your decisions may be obsolete.
