This topic contains a solution. Click here to go to the answer

Author Question: What is the value of the MPC if 66 out of every 100 increase in disposable income is consumed? A) ... (Read 37 times)

mrsjacobs44

  • Hero Member
  • *****
  • Posts: 500
What is the value of the MPC if 66 out of every 100 increase in disposable income is consumed?
 
  A) 34
  B) 0.34
  C) 0.66
  D) 166
  E) More information is needed to determine the MPC.

Question 2

If the price of tangerines increases, the price of oranges also rises because
 
  A) buyers' incomes must have decreased, and oranges are an inferior good.
  B) if the supply of tangerines decreased, then the supply of oranges also must decrease.
  C) buyers must have expected a higher price for oranges and thus increased their demand for oranges.
  D) consumers consider the two goods complements, and so sellers decreased the supply of oranges.
  E) consumers consider the two goods substitutes, and demand for oranges increases.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

macagnavarro

  • Sr. Member
  • ****
  • Posts: 334
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly




mrsjacobs44

  • Member
  • Posts: 500
Reply 2 on: Jun 29, 2018
Wow, this really help


jordangronback

  • Member
  • Posts: 339
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

For a complete list of videos, visit our video library