If the Consumption Function Is Defined as C = 7,250

question 237

Multiple Choice

If the consumption function is defined as C = 7,250 + 0.8Y, what is the marginal propensity to save?

• A)0.2
• B)0.25
• C)0.8
• D)5.8
• E)9.1

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A business or firm that aggressively competes in the market, often through pricing strategies, innovation, or marketing, to capture a significant share from rivals.

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Competitors

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