Use the above table. When real disposable income is $125

A) APC = 0.80.
B) MPS = 0.96.
C) APS = 0.20.
D) APC = 0.96.

D

Economics

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The opportunity cost of funds is the interest that can be earned by lending the funds

Indicate whether the statement is true or false

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When a factory is operating in the short run,

a. it cannot alter variable costs. b. total cost and variable cost are usually the same. c. average fixed cost rises as output increases. d. it cannot adjust the quantity of fixed inputs.

Economics