Solved

Suppose a Certain Economy's Consumption Function Is Where

Question 277

Multiple Choice

Suppose a certain economy's consumption function is Suppose a certain economy's consumption function is where and x are measured in billions of dollars. Find the marginal propensity to consume (the rate of change of consumption with respect to income, ) when . R ​ A) $3.7 billion/billion dollars B) $1.39 billion/billion dollars C) $1.66 billion/billion dollars D) $2.2 billion/billion dollars where Suppose a certain economy's consumption function is where and x are measured in billions of dollars. Find the marginal propensity to consume (the rate of change of consumption with respect to income, ) when . R ​ A) $3.7 billion/billion dollars B) $1.39 billion/billion dollars C) $1.66 billion/billion dollars D) $2.2 billion/billion dollars and x are measured in billions of dollars. Find the marginal propensity to consume (the rate of change of consumption with respect to income, Suppose a certain economy's consumption function is where and x are measured in billions of dollars. Find the marginal propensity to consume (the rate of change of consumption with respect to income, ) when . R ​ A) $3.7 billion/billion dollars B) $1.39 billion/billion dollars C) $1.66 billion/billion dollars D) $2.2 billion/billion dollars ) when Suppose a certain economy's consumption function is where and x are measured in billions of dollars. Find the marginal propensity to consume (the rate of change of consumption with respect to income, ) when . R ​ A) $3.7 billion/billion dollars B) $1.39 billion/billion dollars C) $1.66 billion/billion dollars D) $2.2 billion/billion dollars . R ​


A) $3.7 billion/billion dollars
B) $1.39 billion/billion dollars
C) $1.66 billion/billion dollars
D) $2.2 billion/billion dollars

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q272: The volume of a right-circular cylinder of

Q273: Find the derivative of the function by

Q274: Find the derivative of the function f

Q275: Find the derivative of the function by

Q276: Find the derivative of the function.<br>​ <img

Q278: Find the first and second derivatives of

Q279: Find an equation of the tangent line

Q280: Find the second derivative <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8255/.jpg" alt="Find

Q281: The population of Americans age 55 yr

Q282: The proprietor of the Showplace, a video