The marginal propensity to save is equal to 0.3.
<h3>What is the
marginal propensity to save?</h3>
The marginal propensity to save is the proportion of a person's income that is saved as opposed to spending it on consumption.
The marginal propensity to save is the ratio of the amount saved to income. The marginal propensity to save is used to quantify the relationship between changes in savings and changes in income.
In economics, it is assumed that disposable income is either saved or consumed. Thus, the marginal propensity to save and the marginal propensity to consume would be equal to one. The marginal propensity to consume is the ratio of amount spent on consumption to income.
The marginal propensity to save = amount that is saved / income
$150 / $500 = 0.3
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Answer:
Complexity
Explanation:
As an innovation reduces the difficult of a certain activity or process it will have a better reception and therefore, a higher rate of diffusion.
The Toaster-matic 2000 has a knowledge barrier thus, while there is relative advantage(better benefit than any competition) in his use the diffusion is diminish <u>by his complexity. </u>
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5.16 cubic yards is the answer.
Answer:
Mechanistic Organizations Organic Organizations
- Few teams and task force - Few rules and procedures
- Formalized communication - Shared tasks
- Centralized hierarchy of authority - Flatter structure
- Narrow span of control - Many teams and task force
- Many rules and procedures - Decentralized hierarchy of authority
- Specialized task - Informal communication
- Taller structure - Narrow span of control
Answer:
$7,815
Explanation:
As per Perpetual LIFO inventory valuation method the inventory purchased at last will be sold first and the value of ending inventory can be calculated as follows. The inventory sold has been deducted from the purchased inventory in that period first and then has been deducted from the previous period to arrive at the cost of ending inventory;
January: 8 units x $180 = $1,440
February: 20 units x $185 = $3,700
May: 11 units x $190 = $2,090
September: 3 units x $195 = $585
Cost of Ending Inventory of 42 units is $7,815