Multiple Choice
Suppose measures an economy's personal consumption expenditure and x the personal income, both in billions of dollars. Then,
measures the economy's savings corresponding to an income of x billion dollars. Then
. The quantity dS/dx is called the marginal propensity to save.
For the consumption function , where
and x are measured in billions of dollars, find the marginal propensity to save when
.
A)
B)
C)
D)
Correct Answer:

Verified
Correct Answer:
Verified
Q84: Find the derivative of the function and
Q85: Since its inception in 1971, socially responsible
Q86: The number of persons aged 18-64 receiving
Q87: Find the third derivative of the function.
Q88: Evaluate <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6026/.jpg" alt="Evaluate at
Q90: The management of Acrosonic plans to market
Q91: Find an equation of the tangent line
Q92: Find the derivative of the function. <img
Q93: Suppose a certain economy's consumption function is
Q94: Find the derivative of the function. <img