-In the Above Table, the Marginal Propensity to Consume When

question 425

Multiple Choice

-In the above table, the marginal propensity to consume when disposable income changes from $7,000 to $8,000 is

• A) 0.8.
• B) 0.75.
• C) 0.6.
• D) 0.5.

---

Definitions:

Product Layout

The arrangement of equipment, workstations, and services in a production facility to streamline operations and workflow.

Customer-Oriented

A business approach focusing on creating a positive experience for customers through service and product satisfaction.

Hospital Rooms

Individual or shared living spaces within a hospital where patients receive medical care and treatment.

Product Layout

It refers to the arrangement of machinery, equipment, and workstations in a manufacturing facility to efficiently produce goods.