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3 years ago

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.

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6. The motivation people feel to buy a product

mojhsa [17]

The correct answer would be Incentive.
Incentive is a thing that motivates or encourages one to do something.

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3 years ago

Assuming a binding price floor, the more inelastic the supply and the demand curves are, the:1'smaller the shortage a price floo

KATRIN_1 [288]

Answer:

Option "3" is the correct answer.

Explanation:

Inelastic demand curve depict when there's no evident increase in demand due to an increase in price.

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3 years ago

Read 2 more answers

Use the graph illustrating the market for gasoline-fueled cars to answer the question. Which situation corresponds with this gra

Reika [66]

The situation that corresponds with the graph of the market for gasoline-fuelled cars is the average price of crude oil decreased, causing the price of gasoline to decrease as well.

The graph is a diagram of the demand and supply curve for gasoline-fuelled cars. There is a rightward shift of the demand curve. A rightward shift of the demand curve indicates that the demand for gasoline-fuelled cars have increased.

Factors that can lead to a rightward shift of the demand curve for gasoline-fuelled cars

A decrease in the cost of a complement good: A complement good is a good that can be used together with a gasoline-fuelled car. An example of a complement good for gasoline-fuelled car is gasoline. If there is a decrease in the cost of gasoline, the demand for gasoline-fuelled cars would increase.

An increase in the price of substitute goods: A substitute good is a good that can be used in place of another good. A substitute for gasoline-fuelled cars are electric cars. If the price of electric cars increase, the demand for gasoline-fuelled car would increase.

To learn more, please check: brainly.com/question/14842844?referrer=searchResults

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2 years ago

What do you mean Business Enviroment and Economic Enviroment respectivley?

sergiy2304 [10]

Explanation:

Business environment refers to the factors pertaining to internal or external to the organisation that affects the working of the organisation. The environment provides threats and challenges for the business organisations. So the business organisations should know about their environment to smoothly function the business activities.

Economic environment means the economic situation in a country that affects the business and consumer behavior in a country. The performance of the organisation can be affected by the buying pattern of the consumers. Economic environment is an external and macro environment factor which affects the business.

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3 years ago

Define how managerial accounting differs from financial accounting. Be sure to address the diverse users of managerial and of fi

Mazyrski [523]

ANSWER:

Managerial accounting is the use of accounting information, to determine the best decision to take, inorder to better the organization, and bring in more profit.

While.

Financial accounting is reporting all financial transaction, by preparing a financial statement, which details out the inflow and outflow of money in the organization.

HOW TO USE ACCOUNTING INFORMATION:

1) Accounting Information are used by managerial accountants to determine the best business to invest more money into.

2) Accounting Information are used by financial accountant to report the profit or loss in the business of the company.

3) Accounting information are used by managerial accountant to decide which investment that should be added or removed from the portfolio, so that much profit will be achieved.

4) Accounting Information are used by financial accountant to calculate and tabulate it financial statement. Using statistical methods and accounting formulas.

5) Accounting Information are used by managerial accountant, to manage the returns in investment, and decide which investment, that will have the highest budget.

Traceability of cost means that all cost should be able to show what lead to it, why the cost is necessary, and the effect of the cost to the business.

Behavior of cost shows the way cost will change whenever they is a change in activities t looko lead to costing. A decrease in spending, will decrease the cost.

Controllability of Cost defines cost to be subject to the decision of how the business will be achieved. This shows that cost can be altered at anytime, to suit the need of the business.

Relevance of Cost defines cost to be used to show how relevant or irrelevant a cost can be to the business, which helps a manger to consider only the relevant cost in the business first.

Function of cost shows the amount invested in relation to the amount produced. It is represented in a cost curve, and is used to optimize the business of the organization.

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3 years ago