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love history [14]
4 years ago
14

If income increases from $20,000 to $30,000 and $9,000 of the new income is spent on consumption, then the MPC is ___________..

Business
1 answer:
Stells [14]4 years ago
6 0

Answer:

0.90

Explanation:

The propensity to consume refers to how the level of consumption changes with  an increase in income. As with other concepts of this nature, it is necessary to   analyse the propensity to consume in terms of Marginal Propensity to Consume(MPC).

MPC=change in consumption/change in income

In this question

change in consumption=$9,000

change in income=$30,000-$20,000=$10,000

MPC=$9,000/$10,000=0.90

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Under a job order cost system, costs are accumulated for: Multiple Choice Each individual unit produced. Each job supervisor. Ea
Anna71 [15]

Answer:

The correct answer is letter "C": Each batch of production, known as a job or lot.

Explanation:

Job order cost systems are used to accumulate the cost per unit of items that are different enough, each one having significant costs. Under this costing system each item produced is given its direct material costs, labor costs, and overhead. Clothing, food, and aircraft manufacturing companies use the job order cost system.

<em>Unitary costs are accumulated per batch of productions under this type of costing system.</em>

6 0
3 years ago
Real estate is an attractive investment because it
Nookie1986 [14]
The answer would be D. provides the security of a place to live in retirement.

We can rule our option A , because even though its true, it's not the reasons that attract investor

We could rule out option b because real estate need a couple of years before it turned into profit

We can rule out option c because real estate need a large amount of equity


7 0
3 years ago
Read 2 more answers
Orica Inc. competes in the market for commercial explosives. The company recently changed its business model from just selling e
Troyanec [42]

As the company recently changed its business model from just selling explosives to managing an entire blast in a quarry. This customer-solution-based approach to the sale of explosives is an example of systems selling.

<h3><u>What is a Business Model?</u></h3>
  • The strategy a business uses to turn a profit is referred to as its business model. It lists any estimated costs as well as the goods or services the company intends to sell, as well as its chosen target clientele.
  • Both new and established businesses need strong business models. They aid young, developing businesses in luring capital, hiring talent, and inspiring management and personnel.
  • Established companies should change their business strategies on a regular basis to account for emerging trends and difficulties. Investors use business plans to assess potential investments.
  • A business model is a comprehensive strategy for running a company profitably in a particular industry. The value proposition is a key part of the company model.

Systems selling is the practice of offering linked products or services as a unit rather than individually or independently. Products that are combined under systems selling are typically complementary products.

Therefore, This customer-solution-based approach to the sale of explosives is an example of systems selling.

Know more about Business Model with the help of the given link:

brainly.com/question/13397493

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3 0
2 years ago
The CEO of TruTone Manufacturing tells her executive management team that the company must become more agile to stay competitive
fomenos

The statement "I believe that we need to organize around our primary strengths and expertise" complete part is: core capabilities.

<h3>What is core capabilities?</h3>

Core capabilities can defined as the ability to put into use the skills, knowledge you have developed so as to achieve your set goals and objectives.

A company or organization that want to have an a competitive advantage over other companies, the employers of that company must possess  core capabilities as this will enables them to stay competitve.

Inconclusion  the complete part of the given statement is: core capabilities.

Learn more about  core capabilities here:brainly.com/question/5804955

5 0
3 years ago
1.)It takes one of your employees about four and a half hours to design new displays for the front windows and about four hours
Kitty [74]

Answer:

$1,235.48

Explanation:

4.5  + 4 = 8.5hrs

8.5hrs x $8.55 = $72.675 per display changes

52 weeks / 3 = 17.33 times of changes for the whole year (17 rounded)

$72.675 x 17= $1,235.48

4 0
3 years ago
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