Answer:
0.75, 0.25
Explanation:
With an increase in disposable income marginal propensity to consume increase. Similarly, with an increase in disposable income marginal propensity to save increases. Marginal propensity to save is the amount of money saved or kept after a fraction increase in overall disposable income.
MPC = 300/400=0.75
MPS = 100/400=0.25
Marginal propensity to consume is 0.75
Marginal propensity to save is 0.25
It is to be noted that the demand for sandwiches and ice cream cones consumed after the price of ice cream cones rises to $2 a piece will both reduce (all things being equal).
<h3>Why would the demand for both items reduce?</h3>
The demand for both goods will both come down because they are complementary or joint demand goods.
A pair of goods are termed "joint demand" when both must or usually is consumed with the other.
Recall that (where all things are equal) demand will decrease as price increases.
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Answer:
the answer is C
Explanation:
why ? the redemption is used for marketing to define or even to know how in the future your company reach their economic profit levels,and also to the shareholder benefits, so that's why when the company put on the market the outstanding stock , they decide how many any shareholder could get. they are looking always to increase their own business but if the company say that after redemption you must own less than 80% of his percentage ownership, its not common , nobody could get less even 50% of his own outstanding shares stock.
Calculation of Cost of Sales for Mattel for the year 2016:
It is given that Mattel had sales of $5,456,650, and gross profit of $5,456,650for the year 2016. The cost of sales can be calculated with the help of following formula:
Cost of Sales = Sales – Gross Profit
Cost of Sales = 5,456,650-5,456,650
Cost of Sales = 2,902,259
Hence the Cost of Sales is 2,902,259 ($ in thousands).
If a buyer has a critical or more important use of the product then the inelasticity of the demand increases, then it is the importance of the product affecting elasticity.
A product is considered inelastic if its demand remains static even if there is a significant price change. It is generally the basic necessity product that are considered as inelastic product. Inelastic demand of the product ensures the adequate supply of goods. In inelastic demand case the quantity demanded is same despite the change in price and the demand curve is graphed out as a vertical line. These goods have no substitutes ensuring the quantity demanded remains unaffected.
In case of fall in the price, the demand remains same, generating less revenue. On the other hand, if price hikes, the business earns significant profit.
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