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Author Question: Which of the following is not a determinant of supply? a. input prices b. technology c. tastes d. ... (Read 60 times)

khang

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  • Posts: 569
on: Jun 30, 2018
Which of the following is not a determinant of supply?
 a. input prices
 b. technology
 c. tastes
 d. expectations

Question 2

Which of the following changes in disposable income would lead to the greatest increase in consumption?
 a. a 20,000 increase in disposable income, if MPC equals 0.5
  b. a 12,000 increase in disposable income, if MPC equals 0.75
  c. a 15,000 increase in disposable income, if MPC equals 0.6
  d. a 30,000 increase in disposable income, if MPC equals 0.25


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Brenm

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

a


khang

  • Member
  • Posts: 569
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

LVPMS

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Reply 3 on: Yesterday
:D TYSM

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