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netineya [11]
3 years ago
6

If your income increases by $1,500 and you only consume $900 of it, your marginal propensity to consume would be equal to: a. 0.

60. b. 0.75. c. 600.00. d. 0.40. e. 0.50.
Business
1 answer:
iogann1982 [59]3 years ago
7 0

Answer:

a. 0.60.

Explanation:

Marginal Propensity to Consume is a metric which enables to measure the increase in consumer spending when there is increase in consumer disposable income. The proportion of disposable income with increase in spending is known as marginal propensity to consume.

The correct answer is 0.60. This is calculated by dividing consumption by the spending.

Marginal propensity to consume = $900 / $1,500

Marginal propensity to consume = 0.60.

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The answer is collateral.

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Lenders' risk is reduced by collateral.

The lender has the right to sell the collateral if a borrower defaults on the loan in order to recover its losses.

Two examples of collateralized loans are mortgages and auto loans.

You can utilize other personal belongings, like a savings or investment account, to protect a collateralized personal loan.

The sort of loan frequently dictates the kind of collateral.

Your house serves as collateral when you take out a mortgage. If you obtain a car loan, the vehicle will serve as collateral.

Cars but only if they are fully paid off bank savings deposits, investment accounts, and other sorts of collateral are frequently accepted by lenders.

Retirement account collateral is typically not accepted.

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8 0
2 years ago
Economists measure the personal satisfaction someone gets from consuming goods and services with the concept of
KiRa [710]
Economists measure the personal satisfaction derived from consuming goods and services with the concept of UTILITY. Utility refers to the total satisfaction derived from consuming a good or service. The utility of a good or service has direct influence on demand  and therefore price of that product.
6 0
3 years ago
Mamma's Diner was a small restaurant that was a popular hangout for many Bedford College students, but because of the owner's in
mamaluj [8]

Answer: Utilitarianism

Explanation:

Utilitarianism can he defined a moral theory that supports actions that boost overall pleasure or happiness and rebuff actions that lead to harm or unhappiness. A utilitarian philosophy aims to make the society a better place.

The maxim of utilitarianism is that a considerable amount of good should go to a considerable amount of people. Utilitarianism seeks to maximize well-being and happiness. Mama Diner's restaurant was closed because the principle of utilitarianism was not followed because handicapped students couldn't make use of bathroom stalls.

For example, if there is a new disease that kills people instantly when the affected person coughs around other people, the government might be forced to kill the person in order to save others.

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3 years ago
Which of these is not a cost of quality?
ollegr [7]

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As a component of cost management strategies, design-to-cost refers to a methodical strategy for reducing the costs associated with product development and manufacturing. The fundamental tenet is that expenses are hard to avoid once they are "built into the product," even from the first concept judgments on.

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8 0
2 years ago
____________ risk refers to the danger of changes in buying power during times of rising or falling prices.
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The risk refers to the danger of changes in buying power during times of rising or falling prices is known as inflation.

<h3>What is a risk?</h3>

Risk refers to the uncertainty or probability of an accidental event that will affect the decision-making of an individual or organization. In business the higher the risk, the higher the profit is achieved.

Inflation is defined as the ratio at which prices rise over time. Inflation is usually defined as a wide measure of price increases or increases in the cost of living in a place affecting its citizens.

Inflation diminishes the purchasing power of individuals which leads to high risk for investors who paid a fixed rate of interest on the investment. Most concerned about inflation-reducing returns are those individuals who invested in cash equivalents.

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3 0
2 years ago
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