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
andre [41]
3 years ago
8

2. Consumption and saving definitions Suppose Ana gets a sales bonus at her place of work that gives her an extra $600 of dispos

able income. She chooses to spend $480 and save the remaining $120. From this, you can tell that Ana's marginal propensity to consume (MPC) is , and her marginal propensity to save (MPS) is . Mathematically, it must always be true that: Consumption = Therefore, it must also be true that: MPC =
Business
1 answer:
miskamm [114]3 years ago
5 0

Answer:

From this, you can tell that Ana's marginal propensity to consume (MPC) is <u>0.80</u>, and her marginal propensity to save (MPS) is <u>0.20</u>. Mathematically, it must always be true that: Consumption = Therefore, it must also be true that: MPC = <u>1 - MPS.</u>

Explanation:

Marginal propensity to consume refers to amount that a household decides to spend of every extra dollar that they earn. Since you either spend or save money, the marginal propensity to save is the portion that you decided not to spend, and therefore, save.

You might be interested in
Patrick's lease is ending soon, and he wants to rent at a different apartment complex. He
Komok [63]

Answer:

The Fair credit reporting act

Explanation:

4 0
3 years ago
Read 2 more answers
Explain one situation when you will use these two pricing strategies penetration pricing and skimming prices
Dominik [7]

Answer:

An electronic news portal that offers one complimentary month for something like a free trial service or an institution that offers a free bank account for 6 months are both instances of penetration pricing.

A pricing technique known as price skimming is establishing a premium charge when other rivals enter the market. For instance, the Playstation 3 was initially priced at $599 in the United States, but has now been lowered to around $200.

5 0
3 years ago
The main expense of a merchandiser is usually ________.
olya-2409 [2.1K]

The answer that will fill in the blank is cost of goods sold because the merchandiser’s main expense is the cost that they receive in goods that they have sold to the consumers. The merchandiser is the one responsible of ensuring products are placed and are properly organized in the store.

7 0
3 years ago
When a classified balance sheet is prepared, merchandise inventory is:
adell [148]

Answer:

The correct answer is (C) Reported as a current asset.

Explanation:

The current asset, also called a current or liquid asset, is the asset of a company that can become liquid (become money) in less than twelve months. For example, bank money, stocks, and financial investments.

We can also understand the current asset as all those resources that are necessary to carry out the day-to-day activities of the company. It is known as current because it is a type of asset that is in continuous movement, can be sold, used, converted into liquid money or delivered as payment without too much difficulty.

8 0
3 years ago
Increased flexibility in scheduling has become an important benefit for employers to offer because of: multiple select question.
Llana [10]

The Increased flexibility in scheduling has become an important benefit for employers to offer because of increase in single parent homes and the increase in two-income families.

<h3>What is the meaning of Scheduling ?</h3>

In a production process or manufacturing process, scheduling is the process of organizing, managing, and optimizing work and workloads.

Scheduling is used to distribute resources for equipment and buildings, prepare for human resources, organize work processes, and buy goods.

The flexible schedule must be prepared for the single parent homes and also for the two income families by the employers.

Learn more about employers here:

brainly.com/question/2001789

#SPJ1

7 0
2 years ago
Other questions:
  • The manager of the main laboratory facility at Elmhurst HealthElmhurst Health Center is interested in being able to predict the
    10·1 answer
  • A customer paying $100 for a service with a credit card would be a debit to which account?
    13·2 answers
  • Jane Doe earns $58,800 per year and has applied for a(n) $99,000, 30-year mortgage at 9 percent interest, paid monthly. Property
    8·1 answer
  • Durell and Earline are married, file a joint return, and their two children, ages 5 years and 6 months, qualify as dependents. A
    6·2 answers
  • How would you describe Ghosn’s style of leadership?
    11·1 answer
  • A bank has $770 million in checkable deposits. The bank has $85 million in reserves. The bank's required reserves are ________ a
    10·1 answer
  • Coca-Cola spent $102 million through The Coca-Cola Campaign focusing on water stewardship, healthy and active lifestyles, commun
    8·1 answer
  • Required information Skip to question [The following information applies to the questions displayed below.] Eva received $60,000
    7·1 answer
  • Example 31: S borrows 5,00,000 to buy a house. If he pays equal instalments for 20 years
    11·1 answer
  • If a company decreases its selling price by $4 per unit, due to a decrease in its direct material cost of $4 per unit, the break
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!