Answer: c. III only
Explanation:
The marginal propensity to consume (mpc) measures the proportion of a consumers income that is spent.
The marginal propensity to save (mps) measures the proportion of a consumers income that is saved.
It is usually assumed that disposable income is either saved or spent, so mps + mpc = 1
The multiplier is measured as : 1 / MPS or 1 / (1-MPC)
the MPC has a positive relationship with the multiplier.
Answer:
The expected profit is:
$5.
Explanation:
a) Calculations:
Profit from customers paying $10 = $6 ($10 - $4)
Profit from customers paying $8 = $4 ($8 - $4)
Expected profit from customers paying $10, = $6 x 0.5 = $3
Expected profit from customers paying $8, = $4 x 0.5 = $2
Total expected profit = $5.
The expected profit is the profit from customers paying $10 weighted with probability plus the weighted profit from customers paying $8. Adding the expected profit from each class of customers gives the overall expected profit combined.
Answer:
<u>Client-based</u> structure.
Explanation:
A client-based organizational structure is characterized as one whose central objective is to design and customize customer service. It is a structure generally used by organizations whose products or services are unique to specific market segments, and should be well designed so that there is autonomy between divisions so that there is no overlap and redundancy of activities.
A clear example of companies using the client-based structure is those offering healthcare services, which need to have very specific customer segmentation for effective and personalized care.
Answer:
Fixed costs, sales price, and variable cost per unit
Explanation:
Cost-volume-profit (CVP) analysis is a cost accounting technique that examines how operating profit is affected by varying levels of costs and volume. Another name for CVP is break-even analysis because for different sales volumes and cost structures, it provides the break-even point (BEP) for different sales volumes and cost structures. BEP can assist managers during the short-term economic decision making.
Some of the assumptions of CVP are that fixed costs, sales price, and variable cost per unit will not change even when the volume of a product changes. The change in the volume of a product can either be an increase or a decrease.
Therefore, according to the assumptions of CVP, fixed costs, sales price, and variable cost per unit will not change as the volume of a product increases or decreases.
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