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Author Question: What is the value of the MPC if 66 out of every 100 increase in disposable income is consumed? A) ... (Read 36 times)

mrsjacobs44

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on: Jun 29, 2018
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.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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macagnavarro

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Reply #1 on: Jun 29, 2018
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.
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mrsjacobs44

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

Mochi

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Reply 3 on: Yesterday
:D TYSM

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