Answer:
3/4
Explanation:
The marginal propensity to consume mpc, is the slope of the consumption function and it is what this question requires us to find
We have income increase to be = 100 dollars
Then consumption increase = 75 dollars
MPC = increase in consumption ,75/increase in income 100
= 75/100
= 3/4
Therefore the marginal propensity to consume also called the slope is 3/4
Answer:
the difference between the contract price of coffee and what Lori will have to pay to secure alternative coffee
Explanation:
Lori wanted to buy coffee beans for that she paid the contract price of $7.50 per pounds to mike. Mike has breached the contract which is why Lori has lost $7.50. Now to buy coffee beans she will contact some other supplier and pay them to secure alternative coffee. So, in total Lori's damages are the contract price of coffee and what she will pay some other vendor to secure coffee beans.
A s<span>tockbroker</span> is a registered representative acting as an intermediary to buy and sell securities for clients.
Answer:
$256,284
Explanation:
The computation is shown below:
First, Calculate the predetermined overhead rate per hour which equals to
= (Estimated manufacturing Overhead cost ÷ estimated machine hours)
= ($235,900 ÷ 20,800 hours)
= $11.34 per hour
So, the applied overhead or manufacturing overhead allocated equals to
= Predetermined overhead rate per hour × actual machine hours
= $11.34 per hour × 22,600 hours
= $256,284
