$$\begin{array} { cc} Disposable ~income &Consumption\\\$ 15,000 & \$ 12,000 \\17,000 & 13,600\end{array}$$

question 275

Essay

$$\begin{array} { cc} Disposable ~income &Consumption\\\$ 15,000 & \$ 12,000 \\17,000 & 13,600\end{array}$$
-Calculate MPC.

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Definitions:

Fixed Asset Turnover

A financial ratio that measures a company's effectiveness in generating revenue from its fixed assets, such as property, plant, and equipment.

Sales

The activities involved in selling goods or services in return for money or other compensation.

Beginning Fixed Assets

The value of a company's long-term tangible assets at the start of a fiscal period.

Fixed Asset Turnover

A efficiency ratio that indicates how well a company uses its fixed assets to generate sales.