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
Answer: The correct answer is option B; Add D2 to the right of D, showing an increase in demand and increase in equilibrium price.
Explanation: The demand for a commodity is usually affected either positively or negatively by some factors or determinants. Foremost among the factors of demand is price of the commodity. Other factors include;
(a) Price of substitute commodities
(b) Consumers preferences
(c) Population
(d) Weather conditions
(e) Advertising
In the question above, the use of a popular actor as the spokesperson of the product is a form of advertising that is intended to improve upon the perception of the commodity and hence encourage consumers to buy more of it. If the popular personality endorses a product, there is an almost one hundred percent likelihood that consumers would see the product as a preferred choice and this would cause the demand to go up or increase.
An increase in the market demand would be signified by the outward shift of the demand curve to the right from D to D2. Since the x-axis shows the quantity demanded increasing towards the right hand side, then an increase in market demand would be reflected by a shift of the demand curve to the right.
As a result of that, the price would now move from P to P2 which shows an increase in equilibrium price. Also the quantity demanded would move from Q to Q2 which also indicates an increase in demand.
Answer
Hi,
The Federal work study fund
Explanation
This is a federally funded program for students that demonstrate financial need who are offered part-time jobs to help them earn money to pay for college or career school fees. The work offered is community service oriented and payments are paid hourly depending on the number of hours a student works.
Best wishes!
Answer:
Test marketing
Explanation:
Test marketing is a marketing strategy that is undertaken to assess how a product or service will be perceived by the larger market. A small number of representatives is chosen to try the new product or service before the product is launched to the larger market.
The technology involved in rfid (radio-frequency identification) has traditionally been used to ----<u>manage</u><u> inventory prior</u><u> to items reaching the </u><u>sales floor.</u>
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<h3>What's RFID and how does it work?</h3>
An RFID system consists of a bitsy radio transponder, a radio receiver and transmitter. When touched off by an electromagnetic interrogation palpitation from a near RFID anthology device, the label transmits digital data, generally an relating force number, back to the anthology. This number can be used to track force goods.
<h3>What are the advantages of RFID?</h3>
RFID offers dependable track- and- trace in tough surroundings. This technology can fluently track and give real- time data about force and product position. Whether you're tracking large asset force, individual products, or batches, you can profit from automatic real- time data collections.
Learn more about RFID technology :
brainly.com/question/25705532
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