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
olga2289 [7]
3 years ago
8

The marginal propensity to consume is the:

Business
1 answer:
erma4kov [3.2K]3 years ago
4 0

Answer: proportion of extra income that is consumed. (D)

Explanation:

The marginal propensity to consume is the proportion of an additional income that an individual consumes.

For example, if a household earns an extra dollar of disposable income, while the marginal propensity to consume is 0.60 this means that at that dollar, the household will spend 60 cents and save 40 cents.

You might be interested in
Beats Electronics has been able to outperform Audio-Technica, Bose, JBL, Skullcandy, Sennheiser, and Sony in the high-end, premi
Tju [1.3M]

The main reason for the success of the Beats Electronics is: <u>B. it created a perception that owning its products was cool.</u>

<u>Explanation</u>:

Beats Electronics was able to outperform in the premium headphone market. They were able to out-stand from their competitive companies like JBL, Bose, Audio-Technica, Skullcandy and Sennheiser.

Beats Electronics made their customers to believe that owning their product is cool. They created a perception to the customers which made them to lead in the market.

Perception refers to the way the information is conveyed to others. Beat Electronics followed this strategy and made their customers to feel that owning their product is cool.

5 0
3 years ago
Emy is at dinner with her group of friends when one of them pulls out a new pen that not only writes but takes pictures. It also
eduard

Answer:

Late Majority.

Explanation:

The adoption of a product by consumers is divided into five categories, namely, <u>innovators, early adopters, early majority, late majority, and laggards</u>. Such customers are known as adopters who adopt to new technology differently. The category of adopters was proposed by Everett Rogers in 1962.

In the given scenario, Emy exemplifies Late majority adopter.

Late Majority adopters are those adopters who adopts new innovation or technology after observing that the product has been adopted fruitfully by the majority of society. They rank on the second last position of the adopters. They are more skeptical to the product before adopting it. So, Emy fits the late majority category of adopters as she is skeptical about the fancy device shown by her friend.

7 0
3 years ago
Where can aspiring entrepreneurs go to get their questions answered?
Nataliya [291]
Aspiring entrepreneurs can go to the internet, experienced entrepreneurs, Chambers of Commerce, Small Businessn Administration (SBA), college/university, or the community to get their questions answered. Hope this helps.
5 0
3 years ago
Suppose that income tax revenues are maximized at an average (income) tax rate of 45 percent. If the Laffer curve is a correct d
galina1969 [7]

Answer:

-35 percent will reduce tax revenues.

-48 percent will reduce tax revenues.

3 0
1 year ago
Dan sells newspapers. Dan says that a 8 percent increase in the price of a newspaper will decrease the quantity of newspapers de
ivann1987 [24]

Answer:

For Dan, the demand is price inelastic

Explanation:

One of the factors tat affect the quantity demand for a product is the price of the product. According to the law of demand, at lower price more quantity of a product would be purchased than at a higer price, all other this being being equal.

Price elasticity of Demand (PED)

The extent to which a change in price will cause a change in the quantity demand for a product is called the price elasticity of demand. It measures the degree of responsiveness of quantity demand to a change in price.

It is calculated as

PED =% change in quantity demand / % change in price.

For Dan Newspaper , the price elasticity of demand

             = 4%/8%

            = 0.5

If the PED is greater than 1, the demand is price elastic

If the PED is less than 1 , demand is price inelastic

For Dan, the demand is price inelastic

4 0
3 years ago
Other questions:
  • What is one effective way for employees to keep their skillsets current
    11·2 answers
  • Which of the following organizational forces addresses the values of an individual?
    10·1 answer
  • Mauve company permits employees to occasionally use the copying machine for personal purposes. the copying machine is located in
    15·1 answer
  • Cynthia always buys whichever brand of paper towels is on sale, even if it is not the highest quality towel. her paper towel buy
    7·1 answer
  • Luisa is willing but not able to produce and offer to sell plastic cups. is luisa a supplier of plastic cups?
    9·1 answer
  • Exodus Limousine Company has $1,000 par value bonds outstanding at 17 percent interest. The bonds will mature in 40 years. Use A
    13·1 answer
  • What is the formula for measuring the price elasticity of supply? Percentage change in quantity demanded/percentage change in in
    13·1 answer
  • What is the best way to put together a business plan ?
    10·1 answer
  • Suppose that the United States and Canada each produce only two products, televisions and food. The United States can produce 10
    15·1 answer
  • A stock brokerage firm is a licensed financial institution that select one:
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!