107 725
Assignments Done
96.6%
Successfully Done
In April 2024
In April 2024
Your physics assignments can be a real challenge, and the due date can be really close — feel free to use our assistance and get the desired result.
Physics
Be sure that math assignments completed by our experts will be error-free and done according to your instructions specified in the submitted order form.
Math
Our experts will gladly share their knowledge and help you with programming projects. Keep up with the world’s newest programming trends.
Programming
Answer to Question #135924 in Macroeconomics for Kutlwano
Question #135924
if a household's income falls from R12 000 to R10 000, and its consumption falls from R9 500 to R8 000, then:
Expert's answer
MPC= Change in consumption/Change in income
Change in consumption= (9500-8000) 1500
Change in income = (12000-10000) 2000
MPC= 1500/2000= 0.75
Marginal propensity to consume is 0.75
Learn more about our help with Assignments: Macroeconomics
"assignmentexpert.com" is professional group of people in Math subjects! They did assignments in very high level of mathematical modelling in the best quality. Thanks a lot
#339914 on Dec 2023
#339914 on Dec 2023
Comments
Leave a comment