Answer:
crowding out new entrants
Explanation:
Based on the information provided it can be said that in this scenario the company is trying to create a barrier to entry by crowding out new entrants. This is a technique in which a company introduces various variations of a product into the market so that consumers are more likely to buy one of their products instead of another company's similar product.
Answer:
The marginal propensity to consume is 0.7.
Explanation:
The marginal propensity to consume (MPC) is a measure to determine the increase in consumer spending as a result of increase in disposable income. The marginal propensity to consume can be calculated by dividing the change in consumer spending by the change in disposable income.
MPC = change in consumption / change in disposable income
Thus, MPC = 14 / 20 = 0.7 or 70%
you'll have 59.2% profit margin (148,000)
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Stocks and bonds purchased by a business executive?