Question
In one year, a consumer's income increases by $400 and her increases by $140. Her marginal propensity to consume is equal to ? enter your
In one year, a consumer's income increases by $400 and her increases by $140. Her marginal propensity to consume is equal to ? enter your response here. (Enter your responses rounded to two decimal places.)
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Fundamentals of Managerial Economics
Authors: Mark Hirschey
9th edition
324584830, 978-0324588781, 032458878X, 978-0324584837
