Answer:
First we need to find the increase in her disposable income by subtracting the old disposable income from the new disposable income.
Old Disposable income= 40,000
New disposable income = 50,000
Change in disposable income = 50,000-40,000= 10,000
Although her mpc is 0.8 we need to find out what proportion of her disposable income does she spend on consumption.
So her disposable income was 40,000 and consumption was 36,000
36,000/40,000= 0.9
This means that Jane spends 90% of her dispoasble income on consumption, so if her disposable income increase by 10,000 her increase in consumption was
0.9*10,000= 9,000
Increase in consumption = $9,000
Explanation:
An inferior good is one for which an increase <span> in buyers income causes</span> a decrease in demand.
Hope this helps !
Photon
Answer:
a. The division’s basic earning power ratio is above the average of other firms in its industry.
Explanation:
All the rest of the option in the question results in less efficiency of the company's division. In order to achieve a better grade Option A is the only choice.
Answer:
The answer is C. E-commerce
Explanation:
E-commerce refers to the process of buying or selling products or services over the Internet. So i believe this is the answer to the question.