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 27 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
:D TYSM


skipfourms123

  • Member
  • Posts: 343
Reply 3 on: Yesterday
Gracias!

 

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

For a complete list of videos, visit our video library