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lions [1.4K]
3 years ago
12

Suppose Megan gets a sales bonus at her place of work that gives her an extra $400 of disposable income. She chooses to spend $3

00 and save the remaining $100. From this, you can tell that Megan's marginal propensity to consume (MPC) is ________, and her marginal propensity to save (MPS) is ________.
Business
1 answer:
kicyunya [14]3 years ago
5 0

Answer:

0.75, 0.25

Explanation:

With an increase in disposable income marginal propensity to consume increase. Similarly, with an increase in disposable income marginal propensity to save increases. Marginal propensity to save is the amount of money saved or kept after a fraction increase in overall disposable income.

MPC = 300/400=0.75

MPS = 100/400=0.25

Marginal propensity to consume is 0.75

Marginal propensity to save is 0.25

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A car dealership can't sell their stock

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A ____________ organization is characterized by direct two-way lines of responsibility, authority, and communication running fro
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Line is the correct answer.

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What did antonie van leeuwenhoek call his discovery
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Antonie Van Leeuwenhoek called his discovery "wee animalcules"

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3 0
2 years ago
Braam Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct
netineya [11]

Answer:

C. $148,350

Explanation:

Actual Overhead                           $143,350  

Less: Underapplied Overhead     <u>$18,220</u>

Total Overhead applied                $125,130

Actual Direct labor hours = 9700 hours

Overhead rate = Total Overhead applied / Actual Direct labor hours

Overhead rate = $125,130 / 9700 hours

Overhead rate = $12.90 per hour

Estimated Direct Labor hours = 11,500 hours

Estimated Manufacturing Overhead at the beginning = Estimated Direct Labor hours * Overhead rate  

Estimated Manufacturing Overhead at the beginning = 11,500 hours * $12.90 per hour

Estimated Manufacturing Overhead at the beginning = $148,350

5 0
3 years ago
gdpthe actual amount of output produced in an economy because informal market transactions result in increases in output produce
Vesna [10]

Gross Domestic Product The informal market transactions that create increases in production produced are not taken into account, which leads to an underestimation of the real quantity of output produced in an economy.

This is further explained below.

<h3>What is Gross Domestic Product?</h3>

Generally, Gross domestic product (GDP) is a monetary measure of the total market value of a country's final products and services generated within a certain time period.

This metric undergoes numerous iterations before being regarded a trustworthy signal because of its complexity and subjectivity.

In conclusion, The Gross Domestic Product a method that, due to the fact that informal market transactions lead to increases in production created, estimates to be lower than the actual quantity of output produced by an economy.

Read more about Gross Domestic Product

brainly.com/question/14768180

#SPJ1

6 0
1 year ago
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