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dolphi86 [110]
3 years ago
15

Question 9 (1 point) The consumption functions shows a Question 9 options: negative relationship between consumption and disposa

ble income positive relationship between consumption and disposable income positive relationship between consumption and price level. positive relationship between consumption and saving
Business
1 answer:
evablogger [386]3 years ago
4 0

Answer:

positive relationship between consumption and disposable income

Explanation:

The consumption function shows the relationship between consumer spending and disposable income.

the formula used to calculate consumption function is:

C = A + MY

  • C = consumer spending
  • A = autonomous spending
  • M = MPC or marginal propensity to consume
  • Y = disposable income

The consumption function has a upward slope since the relationship between consumer spending and disposable income is always positive, i.e. the more disposable income you have, the more you will consume.

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Consider the market for socks. The current price of a pair of plain white socks is $6.00. Two consumers, Jeff and Samir, are wil
muminat

Answer:

consumer surplus = $3.5

producer surplus = $2

Explanation:

Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.

Consumer surplus = willingness to pay – price of the good

Jeff's consumer surplus = $7 - $6 = $1

Samir's  consumer surplus = $8.50 - $6 = $2.50

total consumer surplus = $1 + $2.50 = $3.50

Producer surplus is the difference between the price of a good and the least price the seller is willing to sell the product

Producer surplus = price – least price the seller is willing to accept

Manufacturer 1's producer surplus = $6 - $4.5 = $1.50

Manufacturer 2's producer surplus = $6 - $5.50 = $0.50

total producer surplus = $1.50 + 0.50 = $2

3 0
3 years ago
The next dividend payment by Savitz, Inc., will be $2.08 per share. The dividends are anticipated to maintain a growth rate of 6
zavuch27 [327]

Answer:

Required return for Savitz: 10.95%

Explanation:

<u>Considering the gordon model we have to solve for the cost of capital (Ke)</u>

\frac{divends}{return-growth} = Intrinsic \: Value

\frac{divends}{Price} = return-growth

\frac{divends}{Price} + growth = return

$Cost of Equity =\frac{D_1}{P)} +g

D1 2.08

P 42

g 0.06

$Cost of Equity =\frac{2.08}{42} +0.06

Ke 0.10952381

8 0
3 years ago
Read 2 more answers
Angor, a manager at Primely Co., is asked by his manager to rate his subordinates' performances. He needs to rate 30 employees o
kvv77 [185]

Answer:

Leniency

Explanation:

In business, leniency refers to a of mistake that occurred when you do not take instruction from your superior or client too seriously.

Typically, this will resulted in a confrontation since the one who pay for your labors believed that you just take their money without wanting to provide good results.

In the example above, from 30 employees, Angor rate 25 of them with an exact same rating. (8 from possible 1-10). This will most likely occur because Angor did not really use a strong/proper requirements for the scoring.

8 0
4 years ago
Large organizations that individuals join for specific purposes are referred to as _____ organizations
alexandr402 [8]
The answer is Utilitarian groups.
7 0
3 years ago
Department M had 2,000 units 40% completed in process at the beginning of June, 12,000 units completed during June, and 1,200 un
goldfiish [28.3K]

Answer:

11,500 was the number of Equivalent Units of Production (EUP)

Explanation:

EUP (FIFO) = Completed Units + Units at the end of the period - Units at the beginning of the period

EUP (FIFO): 12,000 + 1,200 x 25% - 2,000 x 40% = 11,500

Remember:

In the FIFO method to calculate EUP is considered the sum of work done on beginning inventory and percentage of work done on ending inventory adding to the started and completed units during the period.

3 0
3 years ago
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