The mpc can be defined as that fraction of a: select one: ? a. given total income that is not consumed. o b. change in income that is spent. o c. given total income that is consumed. o d. change in income that is not spent

The correct answer is B

Explanation:

MPC stands for Marginal Propensity to Consume is the term which is defined as the proportion of the income which increases or rises when spent on consumption.

It is the most important determinant of the Keynesian multiplier, which states the effect of the increased investment or the government spending.

Therefore, MPC could be described as the change in the income which is spent or used up.

in 2001, dell computer became the world’s largest personal computer vendor, continuing to

gain market share and post profits in an industry struggling with slumping sales and billions of

dollars in losses. dell sells 90% of its pcs directly to the final customer, largely bypassing the

reseller channel that accounts for most of the world’s pc sales. this direct customer relationship

is the key to dell’s business model, and provides distinct advantages over the indirect sales

model. dell’s direct relationship with the customer allows it to tailor its offerings to customer

needs, offer add-on products and services, and use the internet to offer a variety of customer

services. in addition, dell’s pcs are built to customers’ specifications upon receipt of an order,

giving dell additional advantages over indirect pc vendors who must try to forecast demand and

ship products based on those forecasts. dell’s direct sales and build-to-order model has achieved

superior performance in the pc industry in terms of inventory turnover, reduced overhead, cash

conversion, and return on investment (kraemer, et al., 2000).

explanation:

answer decisions made by individual households and firms;