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
tatiyna
3 years ago
8

If income increases by $100 and consumption increases by $75, the slope of the consumption function equals _____.

Business
1 answer:
Rainbow [258]3 years ago
8 0

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

You might be interested in
Drew wants to save $2,500 to go to the next World Cup. To the nearest dollar, how much will he need to invest in an account now
Akimi4 [234]

Answer:

195

Explanation:

FV/ (1 + r/m)^nm = pv

FV = Future value  

P = Present value  

R = interest rate  

m = number of compounding

N = number of years

2500 / (1 + 0.0625/365)^365  x 4

2500 / (1.000171) = 2499.57

4 0
3 years ago
Setting and achieving goals is essential to success.<br><br> a. True<br> b. False
joja [24]

Answer: True

Explanation:

The statement that "Setting and achieving goals is essential to success" is true.

When we set goals, it gives us a motivation for the short term and also a long term vision. Setting goals doesn't allow us to deviate from whatever we want to achieve. Our time and resources are dedicated towards achieving that set goal.

5 0
3 years ago
An improvement made to a machine increased its fair market value &amp; production capacity by 25% without extending the machine'
yulyashka [42]

Answer:

c) capitalize in the machine account

Explanation:

Since it is given that there is an improvement made to a machine due to which it increases the machine fair market value and at the same time it also increases the production capacity of 25% without extending the useful life of the machine

So as the question is talking about the improvement of the machine so the same is to be capitalized in the machine account

Hence, the option c is correct                    

3 0
3 years ago
Several years ago MMM Company borrowed money through a bond issue with the following features. Each individual bond has a $1,000
Fynjy0 [20]

Answer:

$1040.56

Explanation:

A bond is debt instrument issued by a borrower which promises to pay the holder regular interest for the holding period and the terminal value at the end of the period.

According to the discounted cash flow model, the value of an asset is the present value of the future cash flows arising from the assets discounted at the required rate of return.

Present value is the worth today of an amount expected in the future.The process of calculating the present value is called discounting

To calculate the price of this bond, we shall discount the future cash flows using the required return of 8% per annum, which is the same as 4% per six-month

Interest payment per 6 month = (9% × $1000)/2= $45

PV of interest payment =  45 × (1-  (1.04)^(-2×5))/0.04)= 364.995

PV of redemption value = 1000 ×  1.04^(-2× 5) =               <u>675.56</u>

Price of the bond                                                               1<u>040.56</u>

6 0
4 years ago
According to rankings by many people over the years what is the number one expectation that people have a job they will enjoy
poizon [28]

Answer:

The number one expectation is that the job uses people's abilities to the best, and makes them feel accomplished.

One possible explanation for this is Maslow's hierarchy of needs, in which the need of self-accomplishment is at the top, meaning that this is the need of the highest order.

If people feel that they are achieving self-accomplishment in their jobs, then, it is very likely that they enjoy it.

3 0
3 years ago
Other questions:
  • The present value of the following cash flow stream is $8,400 when discounted at 9 percent annually. What is the dollar amount o
    12·1 answer
  • Calculate the FV for the following 3 scenarios. Investment scenario #1:
    11·2 answers
  • Cotton White, Inc., makes specialty clothing for chefs. The company reported the following costs for 2018: Factory rent $ 36,100
    14·1 answer
  • Zack buys 40 shares of ebay at the close price of $20.95. his broker charges him 4% of each share as a transaction fee. how much
    5·2 answers
  • Chester Corp. ended the year carrying $18,711,000 worth of inventory. Had they sold their entire inventory at their current pric
    6·1 answer
  • g A typical concave (bowed out from the origin) production possibilities curve implies Multiple Choice that economic resources a
    13·1 answer
  • If the supply of a product decreases we would expect
    6·1 answer
  • Courts will not take action against a television show that critiques newly-released books for infringement of copyright because
    13·1 answer
  • Suppose a bookie will give you $2 for every $1 you risk if you pick the winners in three games of a sport on a parlay card. thus
    7·1 answer
  • Quick-as-Lightning, a delivery service, purchased a new delivery truck for $40,000 on January 1, 2019. The truck is expected to
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!