Answer:
The marginal propensity to save is 0.4
Explanation:
The marginal propensity to save is 1 - marginal propensity to consume.
The marginal propensity to consume is the proportion of an increase in income that the consumers will spend from this increased income and the marginal propensity to save is the proportion of the increase in income that will be saved.
The marginal propensity to consume (MPC) = Change in consumption / change in income
The MPC = (2100 - 1500) / (3000 - 2000) = 0.6
Thus, the marginal propensity to save is 1 - 0.6 = 0.4
Answer:
True
Explanation:
The whole purpose of developing a strategy is to create unique and valuable market position, but f there was only one good market position, then every company would just try to reach that position. Through their own particular strategy, each company must try to differentiate themselves from the competition and hopefully reach the intended market position.
Answer:
The SML relates a stock's required return to its market risk. The slope and intercept of this line cannot be controlled by the firms' managers, but managers can influence their firms' positions on the line by such actions as changing the firm's capital structure or the type of assets it employs.
Explanation: The SML can help to determine whether an investment product would offer a favorable expected return compared to its level of risk. The formula for plotting the SML is: Required Return = Risk-Free Rate of Return + Beta (Market Return - Risk-Free Rate of Return).
Answer:
The break even units of clock is 370 units.
Explanation:
Juniper Enterprises sells handmade clocks.
The variable cost per clock is $6.
The price of per unit of clock is $24.
The contribution margin per unit
= Sales - Variable cost
= $24 - $6
= $18
Break even units
= 
= 
= 370 units
The answer is Independent Contractors.
According to the law, An independent contractor is a person who contracts with another to do something for him (or her) but who is not controlled by the other nor subject to the other's right to control with respect to his (or her) physical conduct in the performance of the undertaking. He (or she) may or may not be an agent.
Some examples of independent contractors include:
- Subcontractors and building contractors both work independently. The way a contractor and subcontractors carry out their work is not under the authority of the property owner who engages them to finish a project.
- Independent contractors are those who own their own trucks and hire them out on a job-by-job basis; however, those who regularly drive business trucks are typically employees.
Hence, In the context of agency law, outside accountants and subcontractors hired to perform construction projects are examples of Independent contractors.
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