Assuming that you received $500 for your birthday, spent $400 of it, and saved the remaining $20. There are 20 MPs, or marginal propensities to save.
MPS= change in savings/change in income. A change in income of $500 changes savings by $20
<h3 /><h3>Why Do People Have a Marginal Propensity to Consume?</h3>
- The opposite of MPS is the marginal propensity to consume (MPC). The link between income and consumption is quantified with the aid of MPC.
- By dividing the change in spending by the change in income, one can determine their marginal propensity to consume.
- In order to calculate how much spending rises for every dollar of increased income, MPC measures this relationship.
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Answer: $0.06
Explanation:
The standard direct materials cost per bar of chocolate will be:
Cocoa:
Quantity = 480 lbs.
Price = $0.40 per lb
Amount = $192
Sugar:
Quantity = 150 lbs.
Price = $0.60 per lb
Amount = $90
Milk:
Quantity = 120 gal
Price = $1.70 per gal
Amount = $204
Total amount = $192 + $90 + $204 = $486
Since there are 8100 bars of chocolate, the cost per bar will be:
= $486 / 8100
= $0.06
Answer:
bundle pricing
Explanation:
Bundle pricing
Bundle pricing is a marketing strategy in which company want to sell their products and services in price lower than they actually charge. The reason behind inducing bundle pricing is to allow customer to have more services and products by giving them discount.
In other words bundle pricing is mean to offer heavy discount in order to make huge profit by selling their products in large number.
Answer:
A.)
Explanation:
two or more connected computers
Attracting and retaining employees with the skills, abilities, and experience is a key component of a<u> human resource</u> management system.
<h3>What is
human resource management system?</h3>
Human resource management system has to do with carrying out specific function such as effectively managing everything that has to do with human resource.
Human resource management system is important for companies as it enables them to choose employees that has the best skills and experience to move the company forward so as to enable the company achieve their goals.
Therefore attracting and retaining employees is a key component of a<u> human resource</u> management system.
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