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Crazy boy [7]
3 years ago
8

Suppose two successive levels of disposable personal income increases from $16 to $21 billion and the change in consumption spen

ding between these two levels of disposable personal income is $2 billion, then the MPC will equal _____.
Business
1 answer:
Montano1993 [528]3 years ago
5 0

Answer: 0.4

Explanation: MPC, that is, marginal propensity to consume is used to quantify the consumption induced. As we know that, MPC is calculated as follows :-

MPC\:=\:\frac{Chane\:in\:consumer\:spending}{change\:in\:income}

MPC\:=\:\frac{2}{21-16}

MPC\:=\:\frac{2}{5}

                 = 0.4

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Gilbert would like to foster goal commitment in his department. He decides to do this by encouraging the collaboration of employ
IRINA_888 [86]

Answer: the correct answer is e. Participation

Explanation:

Participation in business appeals to the idea that all individuals in an organization have to get involved since all the personnel in the company are in the same boat and share the same objectives or goals which is to thrive in a competitive business world.

6 0
3 years ago
A company issued 8%, 15-year bonds with a par value of $550,000 that pay interest semi-annually. The current market rate is 8%.
Kruka [31]

The journal entry to record each semiannual interest payment is:

Debit Bond Interest Expense $22,000; credit Cash $22,000.

<h3>What journal entries?</h3>
  • A journal entry is an act of keeping or producing records of any economic or non-economic transaction.
  • An accounting journal, which shows a company's debit and credit balances, records transactions.
  • The journal entry can be made up of multiple records, each of which is either a debit or a credit.
  • Otherwise, the journal entry is termed unbalanced if the sum of the debits does not equal the total of the credits.
  • For example, a corporation may issue 8%, 15-year bonds with a par value of $550,000 that pay semi-annual interest. The market rate is currently 8%.
  • The journal entry for each semiannual interest payment is as follows: Debit Bond Interest Expense $22,000; credit Cash $22,000.

Therefore, the journal entry to record each semiannual interest payment is:

Debit Bond Interest Expense $22,000; credit Cash $22,000.

Know more about journal entries here:

brainly.com/question/14279491

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6 0
1 year ago
After the first two entries in the closing process have been recorded and posted, the debits and credits to Income Summary are $
Dafna1 [17]

The answer is $10,000 net loss.

Given,

The debits and credits to Income Summary are $90,000 and $80,000, respectively.

An income summary is also known as an Income statement.

The debit side of this statement contains the expense for the period.

And the credit side of this statement contains the income for the period.

Therefore, according to the given information expenses are $90,000 and income is $80,000.

Since expenses incurred are greater than the income generated. There is a net loss for the current period.

The amount of the net loss will be calculated as follows:

Net loss = Amount of expenses - Amount of income

              = 90000 - 80000

              = $10,000

Hence, the amount of net loss for the period is $10,000.

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brainly.com/question/24498019

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6 0
1 year ago
Jack receives 30 utils from one apple, 45 utils from two apples, and 55 utils from three apples. It follows that the marginal ut
Ostrovityanka [42]

Answer:

10

Total

Marginal

Explanation:

Marginal utility is the change in utility that occurs from consuming one extra unit of a good.

Marginal utitiy = 55 utils - 45 utils = 10 utils

Total utility is the utility derived from consuming a good or service.

When :

1. Total utility is 45 , marginal utility is 15

2. total utility is 55, marginal utility is 10

This shows that as total utility increases, marginal utility falls.

I hope my answer helps you

8 0
3 years ago
Pluralistic ignorance efffect. How to apply in business administration? Give example
MrRa [10]
Pluralistic ignorance effect is a practice in which no ones believes but everyone thinks they believes.  This is very particular to a business administration environment. I'll give you an example, 
You are the kind of person that wants cleanliness and you notice that your friend is so messy, supposed to be you will tell her about her messiness but you noticed that no one cares about her, thus you stopped yourself from speaking,
3 0
3 years ago
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