Using the graph as a reference, suppose an economy's aggregate consumption function is C = $100 billion + 0.6YD. Instructions: Enter your responses rounded to the nearest whole number.

a. At what level of income do households begin to save?
_ $ billion

b. By how much does consumption increase when disposable income rises $200 billion beyond the level of income from part (a)?
_ $ billion

Individual consumers belong to which step of choosing a target market? possible customers competition demographics communication

Henry crouch's law office has traditionally ordered ink refills 55 units at a time. the firm estimates that carrying cost is 35% of the $11 unit cost and that annual demand is about 240 units per year. the assumptions of the basic eoq model are thought to apply. for what value of ordering cost would its action be optimal? a) for what value of ordering cost would its action be optimal?

Choose the statement that is incorrect. a. search activity occurs only in markets where there is a shortage. b. when a price is regulated and there is a shortage, search activity increases. c. the time spent looking for someone with whom to do business is called search activity. d. the opportunity cost of a good is equal to its price plus the value of the search time spent finding the good.