Business, 08.11.2019 22:31 graycelynn123

You and a coworker have been trying to develop a linear equation that describes the local household consumption function. your coworker has sent you a very short email that simply says he has finished the project and the consumption function is c = 100 + 0.75(yd). your job is to explain this result to your supervisor. according to this consumption function, how much consumption spending would occur if a household had disposable income of $1,000?
$850
$350
$750
$4,000

Answers: 3

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You and a coworker have been trying to develop a linear equation that describes the local household...