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mojhsa [17]
3 years ago
9

Suppose the mpc in an economy is 0.9. the apc is initially 0.95 and disposable income is $4 billion. if disposable income increa

ses to $14 billion, what is the new level of consumption?
Business
1 answer:
cluponka [151]3 years ago
8 0

Let us start by calculating the initial level of consumption. The formula for the average propensity to consume is consumption divided by income, therefore you get 0.95 = C / 4bn, giving you the consumption value of 3.8bn at the income of 4bn.

On the other hand, let us calculate the change in consumption. Recall the formula for the marginal propensity to consume being the change in consumption divided by the change in income, therefore you get 0.9 = ΔC/10bn, which gives you the change in income as 9bn. As a result, consumption increases by 9bn, therefore the new level of consumption is 9bn+3.8bn, that being 12.8bn. Hope this helps!

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According to an SEC investigation, Computer Associates, one of the world's largest software companies, backdated contracts to bo
professor190 [17]

The statement, "According to an SEC investigation, Computer Associates, one of the world's largest software companies, backdated contracts to boost the company's reported revenues. This is not prescribed as an ethical business practice." is True .

Option a

<u> Explanation: </u>

To thrive in the competitive world of business one has to have ethics in doing business.  By doing ethical practices in the business it will boost the image of the company before the customer and it will be helpful for them to compete in the market.

From the above statement even though it is the world's largest software company it has backdated the projects contracts period to show better performance in the revenues.

Even though the project are genuine but the moral responsibility in reporting revenues  to the investors take taken a dent by doing an unethical thing.

6 0
3 years ago
If a firm favors a push strategy, using direct selling to educate potential consumers about the features of its products, what k
BigorU [14]

Answer:

industrial products

Explanation:

A company that does this and mostly favors a push strategy is usually selling industrial products. That is because a push strategy focuses on taking the product to the potential customer and showing them how it works as well as how it can benefit them, therefore pushing the product on them. Industrial Products are great for such a strategy since they require actual demonstration and can easily show the potential customer the actual value that the product can provide.

3 0
3 years ago
Organizations are using social computing in which of the following functions?
Anarel [89]

Answer:

D) All of these

Explanation:

Social computing is related to Computer Science. It however, looks at the intersection or link that exists between computational systems and social behavior. <u>Social Computing specifically observes human or social behavior and used the data gathered to design systems, software and environments that can interact socially with humans</u>. The objective of this design is to make information on several areas available to people and also allow for adequate interactions.

Social computing is everywhere, from the e-mails to the use of the social media, advertisements and use of blogs among several others. Social computing therefore is not just used by organisations for only a single function but it is now integrated into most if not all the functions of businesses.

For instance, social networks and blogs are currently being used for marketing. Customer needs can be tailored based on their cookies from their browsers and then relevant sales or product information can be sent to individual customers based on preferences. This is Customer Relationship Management. Finally, It is easier to recruit now and check the status of individual employee or potential employee on social sites, send them emails as well as instant messages.

3 0
4 years ago
Am I correct? if not lmk the answer please​
Vlad [161]
A focus group is a common qualitative research technique used by companies for marketing purposes. It typically consists of a small number of participants, usually about six to 12, from within a company's target market. So yes your right
4 0
3 years ago
Blain Company has $10,000 of accounts receivable that are current, $5,000 that are between 0 and 30 days past due, $3,000 that a
True [87]

Answer:

d. $1050.

Explanation:

We multiply each account balance by the expected uncollectible amount and then addd them to get the expected total for doutful accounts

\left[\begin{array}{cccc}Date&Amount&Expected&uncollectible\\$not due&10000&0.02&200\\$up to 30&5000&0.05&250\\$up to 60&3000&0.1&300\\$more than 61&800&0.5&400\\&&Total&1150\\\end{array}\right]

Balance of the allowance account:  100

The expense will be the adjustment made on the allowance to get the expected balance of 1,150

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we increase the allowance bu 1,050 to get our expected uncollectible fro maccounts receivable agaisnt the bad debt expense ofthe period.

8 0
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