What Would the Profit Be If She Were to Produce

question 24

Multiple Choice

What would the profit be if she were to produce and sell 5,000 rosebushes?

• A)$0
• B)$9,000
• C)$15,000
• D)$10,000
• E)$30,000

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Definitions:

MPC

The marginal propensity to consume, which is the portion of additional income that a consumer spends on goods and services.

Consumption

The total value of goods and services consumed by households and businesses.

APC

Average Propensity to Consume, the fraction of total disposable income that households plan to spend on consumption as opposed to saving.

Income

The financial gain accrued by an individual or entity within a specified period, often through wages, salaries, or investments.