Charlie needs to rent a car. Company A charges a rate of $40 per day,d, and company B charges a $60 fee plus $20 per day. For wh
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Answer:
1)
2)
3)
Step-by-step explanation:
Given : A certain economy's consumption function is given by the equation
where, C(x) is the personal consumption expenditure in billions of dollars, and x is the disposable personal income in billions of dollars.
To find :
1) C(0)
Put x=0 in the given equation,
2) C(50)
Put x=50 in the given equation,
3) C(100)
Put x=100 in the given equation,