The equilibrium level if autonomous expenditures are $2,000 and the mpe is 0. 5 is $4000.
<h3>How to calculate the equilibrium?</h3>
From the information given, the autonomous expenditures are $2,000 and the mpe is 0. 5.
Here, the equilibrium level will be:
= 2000/(1 - 0.5)
= 2000/0.5
= 4000
In conclusion, the correct option is $4000.
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<h2>
Answer:</h2><h2>
The correct option is d. (i) and (ii)</h2>
Step-by-step explanation:
The total miles covered per day = 45
No of commuting days in a week = 5
Total miles in a week = 45 * 5 = 225
The total amount spent on gasoline = $ 38
Cost of gasoline per gallon = $ 2.48
The number of gallons consumed per week =
= 15.32 gallons of gasoline per week.
This confirms (ii) statement
The amount spend on gasoline per mile =
= $0.17
This confirms (i) statement
The number of miles per gallon of gasoline =
= 14.68 miles
The statement (iii) is false.
Answer:
13,000
Step-by-step explanation: 10% of 31,000= 3,100 x 6= 18,600
31,000-18,600=13,000
If Marcus can type 40 words in half a minute, then 40 times 2 equals 80. 80 words a minute for Marcus. If Rhys can type 100 words in 1 1/2 minute, 100/ 1.5 = 66.66 and 80>66.66 so Marcus can type a greater rate of words per minute.