According to Milton Friedman, a person's MPC will change as their actual income changes
Indicate whether the statement is true or false
F
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The MPC indicates the fraction of
A. An additional dollar of disposable income that will be spent. B. An additional dollar of disposable income that will be saved. C. Total income that will be saved. D. Total income that will be spent.
The table below describes the relationship between the number of workers hired by a call center each hour and the number of calls the call center can make each hour. The call center has only 1 telephone. The telephone costs the firm $5/hour (regardless of how many calls are made), and each worker is paid $10 per hour.Calls PerHourNumber ofTelephonesPer HourNumber ofWorkersPer Hour0$0$01$30$1002$40$1603$60$1904$100$2105$150$2206$210$225What is the total cost of making 6 calls an hour?
A. $40 B. $60 C. $30 D. $65