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 86 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


shewald78

  • Member
  • Posts: 340
Reply 3 on: Yesterday
Excellent

 

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

For a complete list of videos, visit our video library