--%>

Relationship between MPC and MPS

Determine relationship between MPC and MPS?

Answer: MPC + MPS = 1

   Related Questions in Microeconomics

  • Q : Law of demand Describe the law of

    Describe the law of demand with help of a schedule diagram? Answer: The Law of demand states that there is an inverse relationship among the price of a commodity an

  • Q : Problem of Moral Hazard by an individual

    The problem of moral hazard is finest explained by the behavior of an individual who: (1) Dates two distinct people on the sly. (2) Doesn’t lock up her car since theft is covered by the insurance. (3) Steals to support the serious drug habit. (4) Understates the

  • Q : Needs of Investments Investments

    Investments require: (w) current outlays, and yield current returns. (x) current outlays, and yield future returns. (y) future outlays, and yield current returns. (z) future outlays, and yield future returns. Pleas

  • Q : Levels of recent interest rate When

    When households become ever more willing to sacrifice future consumption therefore that they can enjoy greater levels of recent consumption, in that case the: (w) interest rate rises. (x) interest rate falls. (y) present value of future income rises. (z) equilibrium r

  • Q : Problem on Profit Maximization in Labor

    Can someone help me in finding out the right answer from the given options. In the marginality, profit-maximizing model of firm, a firm which can’t wage discriminate maximizes profit if labor is hired at a point where: (1) Price = MFC. (2) MRP = VMP. (3) MRP = M

  • Q : Profit-maximizing price and output

    Unlike a purely competitive firm, a monopolist can: (w) select a price and sell as much as this needs (x) equate marginal revenue as well as marginal cost to maximize profits. (y) produce any required amount and sell as much as this d

  • Q : Non-discriminating firm through

    The non-discriminating organization with monopsony power in the labor market confronts the: (i) Wage rate which consistently surpasses the marginal revenue. (ii) MRP less than w. (iii) MFC which surpasses w. (iv) Monopolistic seller of the organization’s output.

  • Q : Barriers prevent entry in monopoly

    Monopolists are more probable to generate economic profits within the long run than are pure competitors since: (w) monopolists are crooks. (x) monopolists are more interested in profits. (y) barriers prevent entry by new firms in a m

  • Q : Ratio of Wealth and Poverty In 1980

    In 1980 year, the chief executive officers that stand for CEOs of main corporations had income which averaged roughly 40 times as much as the workers they working. In 2005, such ratio is less than: (1) twenty to one. (2) forty to one. (3) one hundred

  • Q : Marginal revenue for the pure monopolist

    Give the answer of following question. Price exceeds marginal revenue for the pure monopolist because the: A) law of diminishing returns is inapplicable. B) demand curve is downsloping. C) monopolist produces a smaller output than would a purely competitive firm. D) d