1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Jlenok [28]
2 years ago
11

Suppose that consumption is $500 and that the marginal propensity to consume is 0.6. If disposable income increases by $1,000, c

onsumption spending will increase by A. $600 B. $ 3,000 C. $1,360 D. $ 3,750 E. $1,666.67
Business
1 answer:
Lynna [10]2 years ago
8 0

Answer:

A. $600

Explanation:

The formula and the computation of the Marginal propensity to consume are shown below:

Marginal propensity to consume =  Change in consumer spending ÷ Change in disposal income

0.6 = Change in consumer spending ÷ $1,000

So, the change in consumer spending is

= $1,000 × 0.6

= $600

Hence, the consumption that is given in the question is not considered. Therefore, ignored it

You might be interested in
Phil Bord is a CEO for a large auto manufacturer and is interested in improving the product quality. Phil had overheard his frie
Setler [38]

Answer:

Six sigma quality is the result of a well-defined and structured process.

Explanation:

Six Sigma is a methodology to improve processes that helps to concentrate in avoiding the constant changes in them eliminating problems in products delivery and customer service, among others. A key point is that the client is really important  and it is crucial that the processes fulfill the clients requirements.

5 0
3 years ago
The market for tomatoes is in equilibrium at the price of $10, and quantity of 50 tomatoes. If consumer surplus is $400 and tota
Darya [45]

Answer:

$250

This because out of the total surplus, the surplus left after being received by the consumer goes to the producer.

Explanation:

Data provided in the question:

Price of tomato = $10

Equilibrium quantity = 50 tomatoes

Consumer surplus = $400

Total surplus = $650

Now,

The  producer surplus = Total surplus - Consumer surplus

= $650 - $400

= $250

This because out of the total surplus, the surplus left after being received by the consumer goes to the producer.

3 0
3 years ago
Haylock Inc. bases its manufacturing overhead budget on budgeted direct labor-hours. The direct labor budget indicates that 8,00
Yuliya22 [10]

Answer:

Check the explanation

Explanation:

Calculate august cash disbursement for manufacturing budget :

 August

Direct labour hour                                                          8000

Variable overhead per hour                                            1.40

Variable manufacturing overhead                                11200

Fixed manufacturing overhead                                   100540

Total manufacturing overhead                                    111740

Less : Depreciation                                                       -8810

Cash disbursement for manufacturing overhead    102930

3 0
3 years ago
When a visitor who has an appointment arrives, you should
pav-90 [236]

If a visitor arrives and they have an appointment, you should A. make the visitor feel comfortable and visit with him or her until it is time for the visitor's appointment.

<h3>What should you do when a visitor has an appointment?</h3><h3 />

In customer service, the visitor should be made to feel comfortable while they wait for their appointment as this is not only the right thing to do, but it gives the visitor the right impression about the company.

There are several ways to make a visitor feel comfortable such as:

  • Offering them a seat in a waiting area.
  • Offering refreshments such as water or a non-alcoholic beverage.
  • Ensuring that reading material is available to keep the visitor company.

You should also endeavor to keep checking in on them and giving them updates about their meeting, while they wait for their appointment time to reach.

In conclusion, when a visitor with an appointment arrives, you should A.  make the visitor feel comfortable and visit with him or her until it is time for the visitor's appointment.

Find out more on customer service at brainly.com/question/1286522

#SPJ1

3 0
1 year ago
With respect to the 4ps and marketing research which technique is out of place:_______
Over [174]

Answer:

d

Explanation:

The four P's of marketing are the foundation for which marketing stands on.

They include :

product - this is the good that is being marketed

price - what consumer pays for the good

place - this is where the good is being marketed

promotion - this are the various forms of advertising carried out for the good

8 0
2 years ago
Other questions:
  • Whats 59667.7×457284.9÷6789324.2
    13·1 answer
  • All of the following statements regarding a voucher system are incorrect except _____.
    7·1 answer
  • The law of diminishing marginal product of labor is demonstrated by which of the following?
    8·1 answer
  • Select the correct answer. What is the consumer's ability and desire to buy goods and services called? A. supply B. demand C. eq
    9·1 answer
  • _____ supervision is an intensive, extended, and evaluative interpersonal relationship in which a senior member of a profession
    5·1 answer
  • Which of these statements is true?
    14·2 answers
  • Cumberland Co. sells $1,114 of merchandise to Hancock Co. for cash. Cumberland paid $779 for the merchandise. Under a perpetual
    5·1 answer
  • Consumer behavior quiz
    8·1 answer
  • The Organic Towel Company (OTC) employs 400 workers at its facility in Liverpool, England, where the firm has been manufacturing
    7·1 answer
  • Nancy and Tonya exchanged assets. Nancy gave Tonya her personal residence with an adjusted basis of $280,000 and a fair market v
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!