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77julia77 [94]
3 years ago
11

Suppose that disposable income, consumption, and saving in some country are $200 billion, $150 billion, and $50 billion, respect

ively. Next, assume that disposable income increases by $20 billion, consumption rises by $14 billion, and saving goes up by $6 billion. a. What is the economy’s MPC?
Business
1 answer:
mars1129 [50]3 years ago
4 0

Answer:

The marginal propensity to consume is 0.7.

Explanation:

The marginal propensity to consume (MPC) is a measure to determine the increase in consumer spending as a result of increase in disposable income. The marginal propensity to consume can be calculated by dividing the change in consumer spending by the change in disposable income.

MPC = change in consumption / change in disposable income

Thus, MPC = 14 / 20  =  0.7 or 70%

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Donald discovers major flaws in the packaging department. He consults the production manager and formulates control measures to
Zolol [24]

Answer:

The most suitable answer here is D. Concurrent Control.

Explanation:

Concurrent control is also known as preventive controls and steering controls where the aim of the control procedure is to identify the possible flaws of a process and to prevent them before occurring.

Furthermore, in this scenario as you can see, Donald consults production manager and formulates measures as the process is ongoing. This makes it more of a "concurrent control" as well.

So Why did we not use any of the other options?

Option A, reactive controls is incorrect in this case, because reactive measures are completely spontaneous actions that respond to an accident.

Option B is incorrect too, because feedback controls are done after a process has been completed and through identification of falls happened.

Option C, feed forward controls are not correct in this scenario as well. Although it is a type of preventive control, in this scenario it is not entirely preventive. They are formulating measures even as the process is ongoing.

5 0
3 years ago
You go to an all-you-can-eat buffet. Once you pay the price to enter the buffet, you can fill your plate as much as you want at
Snowcat [4.5K]

Answer:

<u>Zero</u>

Explanation:

Marginal utility refers to the extra satisfaction derived, which is expressed in utils, when an additional unit of a commodity is consumed.

Total utility reaches it's maximum point when marginal utility is zero. As total utility begins to fall, the marginal utility becomes negative.

Alfred Marshall cited the law of diminishing marginal utility, which states, as more and more units of a commodity are consumed, the successive utility derived must fall.

In the given case, if utility is maximized, the marginal utility derived from the last bite eaten would be zero.

3 0
3 years ago
Once the production is in performance mode, who is the most important person in the show? the protagonist the director the stage
Darya [45]
<span>Once the production is in performance mode, the most important person in the show is the stage manager.
</span>The stage manager organizes and coordinates the theatrical production. He/she <span> schedules and runs rehearsals and </span>organizes the production and coordinates the communications between various personnel.
5 0
4 years ago
FitWear Inc, a sporting goods footwear and apparel company, features photographs of celebrities wearing its brand of clothing an
Bess [88]

Answer:

B. opinion leaders

Explanation:

Opinion leadership is leadership via the user who used the active media in order to interpretation the meaning of the message related to media or for the lower end media users

It is to be done for high esteem in the case of acceptance of their opinions

As the individuals influence the common people so it is a opinion leaders

since they are individuals influencing common people

5 0
3 years ago
What is reality???????????????????????????????
Virty [35]

Answer:

<h3>Reality is a state of consciousness and awareness whereby one can feel and comprehend his himself and his mind and his soul to live in.</h3>

<h3>WARNING: if this is your exam question, please you might not pass with this answer. lol</h3>

Hope this helps

Good luck ALWAYS ✅.

8 0
2 years ago
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