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
Elenna [48]
3 years ago
15

Suppose Deborah gets a sales bonus at her place of work that gives her an extra $600 of disposable income. She chooses to spend

$480 and save the remaining $120.
1. From this, you can tell that Deborah marginal propensity to consume (MPC) is __________.
a. 0.48
b. 0.12
c. 0.20
d. 0.80
Business
1 answer:
Mashutka [201]3 years ago
7 0

Answer:

Option (d) is correct.

Explanation:

Suppose Deborah gets a sales bonus at her place of work,

Disposable Income, YD = $ 600

Consumption, C = $480

Savings , S = $ 120

Marginal propensity to consumer, MPC:

= Consumption ÷ Disposable Income

= 480 ÷ 600

= 0.8

Therefore, Deborah marginal propensity to consume (MPC) is 0.80

Option (d)

You might be interested in
When a country imposes tariffs, it is likely to cause
bearhunter [10]

Answer:

lower prices for domestic production

Explanation:

tariffs means

more tax on imports so

imports would be more expensive

A. increased quantities of imports?

if imports are more expensive because of tariffs and

if people buy less

then there would NOT be

increased quantities of imports

because they are more expensive

B. higher prices for the import-competing goods both domestically and abroad?

import-competing (domestic) goods would be cheaper

C. lower prices for domestic production?

yes domestic production would be cheaper

D. less expensive exports?

only if other countries don't put tariffs on them themselves

3 0
2 years ago
Read 2 more answers
Jill filed her taxes and found out that she owes an additional $1,500.
ICE Princess25 [194]

Answer:

Take out a loan from a bank don't borrow from family it could ruin your relationship with them

Explanation:

If you take a loan you might have to pay interest depends on the bank and the time you take to pay it back.

If you take a loan from a family member it depends on their financial situation if they have loads of money they might be patient but if they have not lots of money but still some money they might be annoyed on how long you take so my conclusion is take money from the bank.  

4 0
3 years ago
Question 7 Which combination of factors would result in the lowest monthly mortgage payment? A Big down payment, a longer term l
Sauron [17]
<span>A combination of a big down payment, a longer term loan, and a lower interest rate is expected to result into a low monthly mortgage payment.</span><span />
3 0
2 years ago
jameson machinery inc. wants to release their newest equipment in the south american market before other companies in order to e
Natasha_Volkova [10]

Based on the actions of Jameson Machinery Inc, we can infer that they want to benefit from<u> First Mover Advantage. </u>

<u />

First Mover Advantage:

  • Involves being the first company or brand to enter a certain industry
  • Gives the brand a competitive advantage and customer loyalty over other competitors
  • Allows company to perfect services offered

In trying to get to South America first and having their brand established, Jameson hopes to benefit from first mover advantage which would see them have a competitive advantage over competitors that come later.

In conclusion, Jameson hopes to benefit from First-Mover Advantage.

<em />

<em>Find out more at brainly.com/question/14663095. </em>

3 0
2 years ago
When the price of candy bars decreased from $0.55 to $0.45, the quantity demanded changed from 19,000 per day to 21,000 per day.
Elanso [62]

Answer:

The answer is -0.5

Explanation:

I will attach a jpg file explaining the procedure used in obtaining the answer. I used the midpoint formula to calculate for percentage change in Quantity and Price, before calculating the Price-elasticity coefficient.

7 0
3 years ago
Other questions:
  • Describe three different ways decision makers might select projects while considering both financial and non-financial factors
    13·1 answer
  • Individuals can now use the internet to publicly editorialize about the news through:
    7·1 answer
  • What is a contingent beneficiary on a life insurance policy
    13·1 answer
  • MySchool Notebook Company uses 100,000 pounds of plastic pellets per year in the production of their custom 3-ring school binder
    6·1 answer
  • Imagine you work for a company that produces cleaning products, such as S.C. Johnson &amp; Son or Method Products. Technological
    15·1 answer
  • An initial investment amount​ P, an annual interest rate​ r, and a time t are given. Find the future value of the investment whe
    9·1 answer
  • You are interested in purchasing a digital camera and find one priced extremely low. As you are about to purchase the camera, yo
    6·1 answer
  • An industry consists of three firms with sales of $250,000, $825,000, and $315,000. a. Calculate the Herfindahl-Hirschman index
    6·1 answer
  • Budgeted overhead for Gallo, Inc. at normal capacity of 60,000 direct labor hours is $3 per hour variable and $2 per hour fixed.
    14·1 answer
  • Explain how farmers' economic choices were affected by the scaricity of the resources.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!