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Author Question: As disposable income increases, consumption spending will rise, but it will rise by less than ... (Read 102 times)

jCorn1234

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on: Jun 30, 2018
As disposable income increases, consumption spending will rise, but it will rise by less than disposable income if the MPS is positive.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The function of an entrepreneur is to:
 a. bear business risks.
 b. organize the other factors of production.
  c. innovate.
 d. do all of the above.


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courtney_bruh

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

True

Answer to Question 2

d


jCorn1234

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  • Posts: 545
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

zacnyjessica

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  • Posts: 345
Reply 3 on: Yesterday
:D TYSM

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