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KIM [24]
3 years ago
8

Scenario 34-1. Take the following information as given for a small, imaginary economy: When income is $10,000, consumption spend

ing is $6,500. When income is $11,000, consumption spending is $7,250. Refer to Scenario 34-1. The marginal propensity to consume (MPC) for this economy is
Business
1 answer:
laiz [17]3 years ago
6 0

Answer:

0.75

Explanation:

Marginal Propensity to Consume (MPC) is the change in consumption due to change in income

Change in consumption = $7,250 - $6,500 = $750

Change in income = $11,000 - $10,000 = $1,000

MPC = Change in consumption / Change in income

MPC = 750 / 100

MPC = 0.75

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Answer:

Correct option is 'It is through studying and testing of different work methods to identify the best, most efficient way to complete a job'

Explanation:

Scientific management refers to employing different methods or workflows to improve labor work efficiency, thereby achieve organizational objectives in a efficient way.

Application of scientific methods to improve efficiency proved highly beneficial. One of the methods was to break down big tasks into smaller and simpler tasks and dividing the tasks among the labor as per their skills. This ensured quality work.

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3 years ago
The pharmacist needs to measure out 35 grams of a 70% powder using the 50% and 90% powders he has in stock. how much of each pow
aleksandrvk [35]
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tankabanditka [31]

Answer:

C. Buddy System

Explanation:

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4 0
3 years ago
During 2018, T Company engaged in the following activities: Distribution of cash dividends declared in 2017 $ 48 Fair value of s
VikaD [51]

Answer:

$440

Explanation:

First and foremost the financing activities hinted in  the question are as follows:

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Payment to retire bonds $452(outflow)

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Scientific management.
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Answer:

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