A(n) increase in a firm's scale of production leads to lower average total cost when there are economies of scale.
Answer:
rnal entries to record the following. (Credit account titles are automatically indented when the am
Explanation:
The estimation of the marginal propensity to consume should be 2 ÷3
The computation of the estimation of the marginal propensity to consume is shown below:
But before that the multiplier should be
= Total demand for goods & services ÷ government spending
= $42 billion ÷ $14 billion
= 3
Now as we know that
Multiplier = 1 ÷ (1 - MPC)
3 = 1 ÷ (1 - MPC)
1 - MPC = 1 ÷ 3
MPC = 1 - 1 ÷3
= 2 ÷ 3
Therefore we can conclude that The estimation of the marginal propensity to consume should be 2 ÷3
Learn more about the multiplier here: brainly.com/question/490794
It can be beneficial of a company to undertake some steps of one project simultaneously if the parts of the project go together. When a company focuses on different aspects of a project that relate at the same time, they will likely receive completion the of project parts at the same time. They can also benefit by learning as they go and adjusting the different steps to compliment their corresponding parts at the same time.
Answer:
The interest rate is the amount a lender charges a borrower and is a percentage of the principal—the amount loaned. The interest rate on a loan is typically noted on an annual basis known as the annual percentage rate (APR).
Explanation:
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