The Formula for the Multiplier Is
A)1 + MPC
B) $\frac { 1 } { 1 - \mathrm { MPC } }$

question 15

Multiple Choice

The formula for the multiplier is

• A)1 + MPC
• B)

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Definitions:

Existing Market

A market where products or services are already available and where a business may face competition upon entry.

Product Line

A group of closely related products that are treated as a unit because of similar marketing strategy, production, or end-use considerations.