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riadik2000 [5.3K]
3 years ago
10

Suppose that when disposable income decreases by $2,000, consumption spending increases by $1500. Given this information, we kno

w that the marginal propensity to consume (MPC) is
Business
1 answer:
sdas [7]3 years ago
4 0

Answer:

the marginal propensity to consume is 0.75

Explanation:

The computation of the marginal propensity to consume is shown below:

MPC = Change in consumption ÷Change in disposable income

where,

The Change  in consumption is 1500

ANd, the Change in disposable income is 2000

So,

MPC is

= $1,500 ÷ $2,000

= 0.75

hence, the marginal propensity to consume is 0.75

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f a tenant remains in possession of leased property after the expiration of the lease term, without paying rent and without the
icang [17]

A tenant remains in possession of the leased property after the expiration of the lease term, without paying rent and without the landlord's consent, the tenant's status is Holdover Tenancy

This is further explained below.

<h3>What is Holdover Tenancy?</h3>

Generally, A holdover tenant is a renter who continues to occupy a rental property after their original lease has expired but does not sign a new lease for the space.

In conclusion, Holdover tenancy refers to the situation in which a tenant continues to occupy a rented property after the original lease period has ended

despite the fact that the renter is not responsible for paying rent and does not have the permission of the landlord.

Read more about Holdover Tenancy

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5 0
2 years ago
Ill give 25 points for it
Harrizon [31]

Two ways by which Customer Service and Support can affect sales are:

  • Distributing marketing information
  • Increased sales through responsiveness and personalization

<h3>What is the benefit of customer service and support to sales?</h3>

Customer service and support is very important to businesses because it helps them to deal with their customers which are very important to them making sales and profit. In order words, the work of customer service and support is very important to the profitability of a company.

One way that customer service and support can influence sales is by distributing marketing information. For instance, if a customer has an issue, the customer service rep can refer them to some marketing information. Customer service can also lead to increased sales when they engage in personalization and responsiveness and this makes the customer feel appreciated and thereby likely to patronize a company again.

Find out more on customer service at brainly.com/question/26546102

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6 0
1 year ago
Read 2 more answers
A kilobyte (kb) is equal to ____ bytes, but is usually thought of as approximately 1,000 bytes.
hoa [83]
The answer is 1 KB is equal to 1024 Bytes
6 0
3 years ago
Peyton sells an office building and the associated land on May 1 of the current year. Under the terms of the sales contract, Pey
marissa [1.9K]

Answer: $‭2,890,426‬

Explanation:

= Cash received + Mortgage assumed - Points paid by Peyton - Broker's ,commission

= 1,867,200 + 1,120,320 - 22,406 - 74,688

= $‭2,890,426‬

5 0
3 years ago
The economizing problem faced by a society is Question 73 options: A) a consequence of the fact that productive resources are sc
KATRIN_1 [288]

Answer:

A) a consequence of the fact that productive resources are scarce relative to economic wants

Explanation:

The economizing problem faced by a society refers to the fact that people's desires of products and services are unlimited but the resources that are  used to produce them like capital and labor are limited. According to this, the answer is that the economizing problem faced by a society is a consequence of the fact that productive resources are scarce relative to economic wants.

The other options are not right because the economizing problem faced by a society is about consumers desires and the availability of resources, it doesn't refer to product prices or incomes.

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