This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: When we graph consumption as a function of national income rather than as a function of ________, ... (Read 210 times)

humphriesbr@me.com

  • Hero Member
  • *****
  • Posts: 550
on: Jun 29, 2018
When we graph consumption as a function of national income rather than as a function of ________, the slope of this consumption function is the ________.
 
  A) disposable income; MPC B) personal income; MPS
  C) disposable income; MPS D) personal income; MPC

Question 2

Cost-price pricing typically does not result in profit-maximization. As a result, economists have two views of cost-plus pricing. One of these views is
 
  A) cost-plus pricing is a good way to approximate the profit-maximizing price when marginal revenue or marginal cost is difficult to determine.
  B) cost-plus pricing is more likely to lead to profit-maximization for monopolistically competitive firms than for oligopoly firms.
  C) cost-plus pricing is more likely to result in profit-maximization the more elastic the firm's demand curve is.
  D) cost-plus pricing is more likely to lead to profit-maximization for large firms than for small firms.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nekcihc358

  • Sr. Member
  • ****
  • Posts: 327
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.
Answer Preview
Only 39% of students answer this correctly


humphriesbr@me.com

  • Member
  • Posts: 550
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

mochi09

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Elk at the Opal terrace at Mammoth Hot Springs, Yellowstone National Park Elk at the Opal terrace at Mammoth Hot Springs, Yellowstone National Park
Incentive spirometry. A portable incentive spirometer is useful for encouraging patients to exercise Incentive spirometry. A portable incentive spirometer is useful for encouraging patients to exercise
The risk of dying before the age of 65 gets lower as family income gets higher. The risk of dying before the age of 65 gets lower as family income gets higher.
Derivative of Inverse Trig Function Derivative of Inverse Trig Function
Solve the following log function: Solve the following log function:
Video: Types of Shock (Part 2 of 2)

For a complete list of videos, visit our video library