Given the consumption function C = $758 + 0.75 x Y, an increase in disposable income from $7,640 to $9,080 will cause consumption to increase by: %3D O $360 O $800 O $1,080 $1,440 O $7,568

Essentials Final x + s/Microeconomic%20Essentials%20Final%200SA.pdf W 8 / 18 90% + QUESTION 12 Consider the following scenario: Q (4 Marks) Steven owns his own auto repair shop. He uses his own premises as a workshop. If he had rented his premises to someone else, he would have received R18 000 in rent. He initially invested R50 000 in his business to buy tools and machines. If he had invested the money, he could have earned 10% per year on the money, which is R5 000 per year. If he did not work for himself, he could have earned a salary of R60 000. His expenditure for the year consisted of the following: Oil, petrol, sparkplugs, fan belts and other materials: R70 000 Salary for two junior mechanics: R35 000 Admin costs: R15 000 Assume that the total revenue of the auto shop is R230 000. Calculate Steve's economic profit. a) R203 000 b) R110 000 c) R27 000 d) R32 000 DOLL 11 ENG 2024/0

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If C = 32 + 0.90Y, how much would an individual save when income is 953? Select one: O a. 63.30 О Б.-825.7О О с. 889.70 O d. 825.70