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
Temka [501]
2 years ago
12

Suppose you have the following information about a fictitious economy. Assume there are no taxes in this economy. Disposable Inc

ome and Consumption Disposable Income (dollars) Consumption (dollars) $0 $9,000 8,500 15,500 18,500 22,000 28,500 28,500 38,500 35,000 48,500 41,500 Instructions: In parts a and c, enter your answers as a whole number. In part b, round your answers to two decimal places. a. What is the equilibrium level of consumption
Business
1 answer:
djyliett [7]2 years ago
4 0

The equilibrium level of consumption is $28500.

The equilibrium level of consumption is at the point where the disposable income is equal to the consumption.

If this was properly placed in a tabular form, we would clearly see that when the disposable income was at $28500, the consumption in dollars was also at the same price level.

Given this condition, we can conclude in economics that consumption is at its level of equilibrium.

Read more on brainly.com/question/14670879?referrer=searchResults

You might be interested in
What is a warranty?
Delvig [45]

Answer:

D

Explanation:

A warranty is a written guarantee, issued to the purchaser of an article by its manufacturer, promising to repair or replace it if necessary within a specified period of time.

7 0
2 years ago
Read 2 more answers
Based on the principles of psychological pricing, which of the following price adjustment would likely have the greatest positiv
saul85 [17]

Answer:

D.) $50 to $49

Explanation:

a p e x

6 0
3 years ago
In a lease contract, the party to whom the rights to use the asset are granted is called the:____.
lesya692 [45]

A lease is a contractual arrangement where one party, called the lessor, provides an asset for use by the other party, referred to as the lessee, based on periodic payments for an agreed period. The lessee pays the lessor for the usage of the asset or property

The landlord is the party to the lease who owns the property and leases it to the tenant as a rental property for temporary possession. For example, in a rental house, the landlord is the landlord and the tenant is the tenant.

A lessor is either an individual or a legal entity such as a company or organization. The lessor is always the owner of the property. For example, for a car, the lessor can be the owner or car dealer who rents the car. The lessee is always the person who uses the property temporarily

Learn more about lessors here

brainly.com/question/14631319

#SPJ4

6 0
2 years ago
I need a sentence with the word carbon offset in it
Digiron [165]
After having consumed electricity and producing carbon dioxide, I made up for it by buying Carbon Offsets.
3 0
3 years ago
Read 2 more answers
Campbell Construction Company expects to build three new homes during a specific accounting period. The estimated direct materia
Alina [70]

Answer:

The driver for employees fringe benefits is direct labor costs whereas the driver for indirect material costs is direct material costs

The total cost of each home is as follows:

Home 1 $188140

Home 2 $268860

Home 3 $408910

Explanation

Find the breakdown of the costs in the attached excel file.

Download xlsx
6 0
3 years ago
Other questions:
  • What is the quickest and most efficient way of getting your new employees connected to the intranet
    12·1 answer
  • Common ownership interest in a business, sharing profits (or losses) of a business, and the right to participate in managing the
    6·1 answer
  • A set of techniques and principles for systematically collecting, recording, analyzing, and interpreting data that can aid decis
    7·1 answer
  • Mustafa can't understand why his team members are angry at him. His team members say he did not share crucial information about
    14·2 answers
  • Which of the following is NOT a benefit of a social media presence for a brand? Group of answer choices Social media allows comp
    10·1 answer
  • g What is the after-tax yield on a one-year corporate bond with a 7 percent yield if your marginal federal income tax rate is 40
    12·1 answer
  • True or False: Japan generally runs a significant trade surplus because of low Japanese demand for foreign goods.
    6·1 answer
  • All of the following costs should be charged against revenue in the period in which costs are incurred except for costs from idl
    11·1 answer
  • Differentiation for most consumer brands can be based on.
    7·1 answer
  • The MR = MC rule Multiple Choice applies both to pure monopoly and pure competition. applies only to pure competition. applies o
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!