Answer:
$64,48 billion
Explanation:
marginal propensity ( MPC ) = 0.84 i.e ratio of disposable income to consumption is $1 to 84 cent
YEAR 1 disposable income = $412 billion
year 1 consumption = $368 billion
year 2 disposable income = $540 billion
calculate the level of saving in year 2
from given data
consumption = Co + 0.84 * 412
368 = Co + 346.08
therefore Co = 21.92
therefore for year 2
Consumption = Co + 0.84 * 540
= 21.92 + 453.6 = $475.52
hence savings level = disposable - consumption = 540 - 475.52 = $64,48 billion
Answer:
omni-channel is the correct answer.
Explanation:
Answer:
d. Skippy’s demand for peanut butter increases today.
Explanation:
The taste and preferences of the consumers are one of the factors affecting the demand for the goods. The demand for goods increases according to tastes and preferences. Another factor of an increase in demand is the expectation of a consumer regarding the future prices of the goods.
In the given scenario, Skippy's demand for the peanut butter will increase because of the above mentioned two reasons. Since he is very much fond of the peanut butter, the demand will remain constant. At the same time, after reading about the future unavailability of the peanut butter and the increase in the price of it, the demand for the peanut butter will rise the present day.
Answer:
Purchases = 2100 shovels
Explanation:
given data
ending inventory = 500 shovels
Budgeted sales = 1,950 shovels
inventory = 320 shovels
to find out
How many shovels should Benson Stores purchase for December
solution
we know here ending inventory formula that is express as
Ending inventory = Beginning inventory + Purchases - Sales .......................1
put here value we will get Purchases
so that
500 = 320 + Purchases - 1950
Purchases = 500 + 1950 - 350
Purchases = 2100 shovels
Like the law of demand, the law of supply demonstrates the quantities that will be sold at a certain price. ... But unlike the law of demand, the supply relationship shows an upward slope. This means that the higher the price, the higher the quantity supplied.
