Friday

February 27, 2015

February 27, 2015

Posted by **Smantha** on Friday, October 19, 2012 at 5:42pm.

S(x) = x - C(x) (Income minus consumption)

The quantity dS/dx below is called the marginal propensity to save.

For the following consumption function, find the marginal propensity to save.

C(x) = 0.701x + 99.34

$ billion per billion dollars

- math -
**some one**, Friday, October 19, 2012 at 5:51pmThis is a optimization problem !!

- math -
**Reiny**, Friday, October 19, 2012 at 7:39pmaccording to your definition ...

S(x) = x - .701x - 99.34

then dS(x)/dx = 1 - .701 = .299

**Answer this Question**

**Related Questions**

Math - Suppose C(x) measures an economy's personal consumption expenditure and ...

math - Suppose a certain economy's consumption function is as follows, where C(x...

math - Suppose a certain economy's consumption function is as follows, where C(x...

Econ - Consider the following consumption function. C = 200 + .75(DPI), Where C ...

principles of macroeconomics - The following is a list of figures for a given ...

Macro - Real Disposable (Billions) Consumption Expenditures (Billions) Savings...

economics please help - this is a table with some questions and i don't know how...

macroeconomics - 18. The following is a list of figures for a given year in ...

statistics 2 - A Keynesian Consumption Function: In his famous 1936 book, A ...

Economics - Describe three specific measures the government can use to access ...