Answer:
$0.70 and 3.3
Explanation:
Data provided in the question
Household spending for each additional dollar = $0.70
And, the remaining amount = $0.30
So in the given case,
The marginal propensity to consume (MPC) = household spending for each additional dollar i.e $0.70
And, the Spending multiplier is
= 1 ÷ 1 - MPC
= 1 ÷ 1 - $0.70
= 1 ÷ $0.30
= 3.3
<span>Lacoste is widely known for its cotton knit shirts. it is perceived to be of superior quality, garners a certain status among its users, and therefore command a premium price. Lacoste therefore has brand protection from competition and price competition.</span>
Answer:
The present value the expected costs of the new security and data management system is $-75,062.5
Explanation:
Kindly check attached picture for explanation
