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what is APC IN 2020 and 2021 ? And what is MPC in 2020 and 2021 2. (8 marks) Suppose in January 2020 Ria's weekly

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what is APC IN 2020 and 2021 ? And what is MPC in 2020 and 2021

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2. (8 marks) Suppose in January 2020 Ria's weekly salary (Disposable income) was $1500, out of which she usually spent $700. In January 2021 her disposable income rose from $1500 to $1900, and her spending increased from $700 to $950. Answer the following (show the work for each part) a. What is Ria's APC in January 2020? b. What is Ria's APC in January 2021? What is Ria's MPC in January 2021? d. What is Ria's MPS in January 2021

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