Answer:
B. amount by which consumption increases when disposable income increases by $1
Explanation:
As people has an archetypical choise betwene consume(use) or save (don't use) their income. Economics state there is a marginal prpensity in the agent to consume while other save but of these add to 1 as both options add to the entire income.
hus when income increase by $1 the marginal propensity to consume are the cent used while marginal propensity to save are the cent which are not used.
Answer:
202%
Explanation:
Calculation to determine what the company's overhead application rate is
First step is to calculate the Total manufacturing overhead using this formula
Total manufacturing overhead = Overhead rate - Direct material cost - Direct labor cost
Let plug in the formula
Total manufacturing overhead =5220 - 2,200 - 1000
Total manufacturing overhead =2020
Now let determine the overhead application rate using this formula
Overhead application rate=Total manufacturing overhead/Direct labor cost
Let plug in the formula
Overhead application rate=2020/1000*100
Overhead application rate=202%
Therefore, the company's overhead application rate is:202%
The rate of return did you earn on the investment is 44%.
<h3>What is the return rate?</h3>
The net gain or loss of an investment over a given time period, stated as a percentage of the investment's starting cost, is known as a rate of return (RoR). You determine the percentage change from the start of the period to the end when computing the rate of return.
<h3>What does a rate of return look like?</h3>
The yearly rate of return, for instance, would be 16.66 percent if an investment cost $60 at the beginning of the year and ended up being worth $70.
learn more about rate of return here <u>brainly.com/question/24301559</u>
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4. word art, I believe is the correct answer
Answer:
Total cost = $22
Explanation:
Below is the calculaton:
The per-hour earning = $13 per hour
The admission fee of carnival = $9
In order to find the total cost, just add the per hour earning and fee of carnival.
Thus, total cost = Admission fee + Earning from assisting the swim team
Total cost = $9 + $13
Total cost = $22
