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
amm1812
3 years ago
9

The marginal propensity to consume is:

Business
1 answer:
larisa [96]3 years ago
3 0

Answer:

The correct answer is option c.

Explanation:

The marginal propensity to consume or MPC measures the change in consumption or consumer spending due to a change in the disposable income of the consumer.  

The disposable income is the income left with consumers after paying taxes and transfers.  

It is calculated as the ratio of change in consumption to change in income. It is written as  

MPC = \frac{\Delta C}{\Delta Y}

The MPC is higher at lower incomes.

You might be interested in
a company has sales of $119,000; cost of goods sold of $74,870; and total direct expenses of $8,620. the department’ contributio
arsen [322]

The department’ contribution to overhead is $35510.

<h3>How to calculate the department contribution to overhead?</h3>

Given, sales= $119,000;

cost of goods sold= $74,870;

total direct expenses= $8,620.

Gross profit = Sales - (COGS + Direct expenses)

Gross profit = $119,000 - ($74870 + $8620)

Gross profit = $35,510.

<h3>What are direct expenses?</h3>

Direct costs, commonly referred to as costs of goods sold (COGS), are expenses that are entirely attributable to the creation of a particular commodity or service. These expenses cover the direct costs of the materials required to make the product as well as maybe any labor charges that are utilized only to make the product.

To know more about gross profit, visit:

brainly.com/question/18567528

#SPJ4

6 0
1 year ago
Compared to a monopoly that does not price​ discriminate, a monopolist who engages in perfect price discrimination will produc
pantera1 [17]

Answer:

An output that maximizes revenue and profits. If a firm can price discriminate, it will sell its product or service at a different price to every single consumer. Perfect price discrimination refers to pricing your product at exactly the highest amount that each individual consumer is willing to pay, i.e. consumer surplus disappears.

7 0
2 years ago
Keller Cosmetics maintains an operating profit margin of 7% and asset turnover ratio of 4.
Stels [109]

Answer:

a) 28%

b) 56%

Explanation:

Data provided in the question:

Operating profit margin = 7%

Asset turnover ratio = 4

Now,

a) ROA = Profit margin × Asset turnover ratio

= 7% × 4

= 28%

b) Given:

Debt-equity ratio = 1

Interest payments = $8,200

Taxes = $8,200

EBIT = $21,000

Now,

Total assets = Net income ÷ ROA

Also,

Net income = EBIT - tax - interest

= $21,000 - $8,200 - $8,200

= $4,600

Thus,

Total assets = $4,600 ÷ 28%

= $16428.57

also,

Total assets = Debt + Equity

or

Total assets = Equity × (\frac{\textup{Debt}}{\textup{Equity}}+1 )

or

$16428.57 = Equity × ( 1 + 1 )

or

=> Equity = $8214.28

Therefore,

ROE = Net income ÷ Equity

= $4,600 ÷ $8214.28

= 56%

4 0
3 years ago
On December 10, you receive your bank statement showing a balance of $2,979.94. Your checkbook shows a balance of $2,778.88. Out
babunello [35]

Answer:

See below

Explanation:

Balance per bank statement $2,979.94

Add: Interest earned $126.83

Less:

Check book balance $2,788.88

Add: Oustanding checks

($381.83 + $171.57)

6 0
3 years ago
Healthy Hots, a fast-food restaurant that offers heart-healthy food, is experiencing several difficul- ties with operations. Alt
Bumek [7]

Answer:

The manager should start by analyzing the current job structure. He or she should spend time working beside the employees to assess what each employee does. Employee areas of responsibility must be evaluated to ensure that they are working to the fullest of their capability without being spread too thin. Maybe training can be implemented to assist in employee production. Are the employees being adequately compensated for the amount of work they are ask to perform?

I would study the personality traits of the employees as a means to reveal their motivation for working at Healthy Hots. Implementing avenues to reinforce that motivation and raise moral within the current staff is also essential. Unhappy employees will have reduced production rates and create an unpleasant work environment.

Team building is also important. Most working adults spend more of their awake time at work than at home. Therefore, people who work together tend to form a familiar bond. Removing anything that remotely promotes favoritism and/or tension in the workplace will reduce turnover.

Explanation:

6 0
3 years ago
Other questions:
  • there is one gas station in a small rural town. the owner of the station claims that he will sell the same quantity of gas, no m
    11·1 answer
  • Two 20-year corporate bonds are issued at par, with stated interest rates of 10%. One issue is puttable at par in 5 years, while
    7·1 answer
  • WILL GIVE MEDAL NEED HELP ASAP
    5·1 answer
  • Where can I find a copy of my residence weekend attendance records? MyUC / UC One My advisor My UC Email All of the above
    5·1 answer
  • Stock A's stock has a beta of 1.30, and its required return is 12.00%. Stock B's beta is 0.80. If the risk-free rate is 4.75%, w
    14·1 answer
  • How do you determine the acid-test ratio? The sum of cash and short-term investments divided by short-term debt. Current assets
    15·1 answer
  • Which ones go in which box
    15·1 answer
  • Why do cooperations issue common stock?
    14·1 answer
  • Please help!! This is for economics
    6·1 answer
  • Since it‘s where most young adults spend their time, 50% of retailers spend at least half of their marketing money on.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!