Answer:
$80 million
Explanation:
The total income received by the plant's employees during the year will be $40 million (= 1,000 employees x $40,000 per employee). Since their propensity to consume is 2/3, they the employees will spend $26.67 million and save $13.3 million.
The money multiplier can be calculated using the formula: money multiplier = 1 / (1 - MPC) = 1 / (1 - 0.67) = 1 / 0.33 = 3
To determine the total income effect in St. Louis we have to multiply the money spent times the money multiplier = $26.67 million x 3 = $80 million
Opentable is a reservation mechanism for restaurants. It uses the Internet to allow consumers to reserve tables in many places throughout the United States. It is an example of multichannel marketing.
The goal is to attract, retain, and build relationships with buyers who use various channels. It is a blending of different communication and delivery channels.
Intensive Distribution: As many outlets as possible. The goal of the intensive distribution is to penetrate as much of the market as possible.
Multichannel marketing is a blending of different communication and delivery channels. The goal of multichannel marketing is to attract, retain, and build relationships with buyers who use various channels.
Learn more about multichannel marketing at
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The marginal utility of the third Pepsi is 8 units of utility
Explanation:
Marginal utility attempts to measure the additionally fulfilled use of extra products or services by a customer.
Economists use the idea of marginal demand to assess how much a individual good is likely to pay.
The complete utility of that first two Pepsi is equal to 30(= 18 + 12).
Thus, the marginal value of the third Pepsi is equal to 8 (= 38-30).
Answer:
The correct answer is letter "B": Internal control over receivables is good.
Explanation:
Only in the case the internal control of an organization is well-established enough so those account receivables (AR) are paid according to the terms agreed between the organization and its debtors, auditors could consider the balance of the account receivables at a provisional date.
