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Ad libitum [116K]
4 years ago
7

If the consumption function is c = $200 billion + 0.9y, note: some values are in 'trillions' and others are in 'billions'. (a) w

hat is the mpc?
Mathematics
1 answer:
ollegr [7]4 years ago
7 0
Given that the <span>consumption function is C = $200 billion + 0.9y,

The</span><span> marginal propensity to consume (MPC) is a metric that quantifies induced consumption, the concept that the increase in personal consumer spending (consumption) occurs with an increase in disposable income (income after taxes and transfers).

</span><span>The marginal propensity to consume (MPC) is equal to ΔC / ΔY, where ΔC is change in consumption, and ΔY is change in income. It reprecents the slope of the consumption function.

Therefore, the MPC is 0.9.
</span>
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Lily is going for a run. she runs at a speed of 4 miles per hour for 6.4
Nezavi [6.7K]

Answer:

She runs for 1.6 hours

Step-by-step explanation:

For this, one way to do it is to just set 1 hour over 4 miles equal to x hours for 6.4 miles. The reason this is done is because if the speed is constant that means the rate stays the same, which means the ratio of miles to hours should always be the same, so the two ratios must be equivalent.

1/4 = x/6.4

Multiply both sides by 6.4 to get x by itself:

6.4/4 = x

1.6 = x

Hope that helps!

4 0
4 years ago
Pleaseeee help meeeee
Alla [95]
The checked answers you have are correct.
3 0
3 years ago
maria has a total of 95 dimes and quarters. If the total value of the coins is $23.45, how many quarters does she have? Please S
NARA [144]
This is the concept of application of quadratic equations; To get the number of dimes and quarters we proceed as follows;
suppose there are x dimes and y quarters;
x+y=95.......i
but we know;
$0.1=1 dimes
$0.25=1 quarters 
thus
0.1x+0.25y=23.45.....ii
solving equation i and ii by substitution we shall have:
from i;
x=95-y
thus substituting the value of x in equation ii we get
0.1(95-y)+0.25y=23.45
9.5-0.1y+0.25y=23.45

collecting like terms we get:
0.15y=13.95
dividing both sides by 0.15 we get;
y=13.95/0.15=93
x=95-93=2
therefore we conclude that there were 2 dimes and 93 quarters

4 0
3 years ago
Help!! Lots of points!!
Yanka [14]

Answer:

the correct answer would b (B)

7 0
4 years ago
Read 2 more answers
sandy is upgrading her internet service. Fast internet charges $60 for installation $50.45 per month. Quick internet has free in
Elza [17]
In order to know at what price the two services offered would be the same, we can actually use the process of trial and error starting from 1 onwards. The first one is 50.45 per month plus a standard fee of 60 for installation. So this will be 60+50.45x (number of days). After that. there is the other one that has free installation but charges 57.95. So it can be expressed as 57.95x. Now after trial and error with numbers as x, I came upon 8. If x is 8, then the first one will be 60+50.45 (8) = 463.6. For the second, 57.95(8) will also equal to 463.6. So the day in which the two services will charge the same is during the 8th day. 
4 0
3 years ago
Read 2 more answers
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