The image below is a line graph
Answer:
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Step-by-step explanation:
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16 yards will cost $199.84 assuming there is no tax. We know this because
12.49 X 16 = 199.84
Answer:
axis of abscissas
Step-by-step explanation:
To get the annual spending of Patel family, we will need to add the amount of consumption according to their marginal propensity to consume and their autonomous consumption spending. with the formula
Consumption= Autonomous consumption + (Disposable incomeXmarginal propensity )
Where
Autonomous consumption = $10000
Disposable income = $90000
margina propensity = 80%
substitute all given value to get the consumption
Consumption = $82,000
Patel family annual consumer spending is $82000.
