Answer: The overall price level increased.
Explanation: The rise in the overall price level is termed as inflation. From the information we can see that the average price of the three goods in 2015 was $7.50. A year later, the average price changed to $7.58.
Therefore, the overall price level rose as the average price level increased from $7.50 to $7.58.
Answer:
balance in the margin account therefore goes down from $2,000 to $1,800
Explanation:
given data
contract = 100 units
futures price = $1,010 per unit
initial margin = $2000
maintenance margin = $1500
futures price rises = $1,012 per unit
solution
we get here by short sold the futures contract so profit when price goes up is
loss = $1,012 - $1,010 = 2 per unit
short position loss is = 2 × 100 = 200
Margin account balance at the end of the day = Initial margin - loss due to increase .......................1
Margin account balance = $2000 - $200 = $1800
so balance in the margin account therefore goes down from $2,000 to $1,800
Dang I used to know this but I completely forgot I will try to answer if it comes back to me
product mix consists of all the product lines and items that a particular seller offers for sale.
<h3>What is
product ?</h3>
In the economic sense, a product is anything that may be sold to fulfill a customer's want or need. Product information may be included with a product. The product description is established by law for several product categories. For instance, food products must bear labels that list the contents, ingredients, and best-before date.
Some businesses make products and offer services using product information systems. A product information system keeps track of a product's attributes and life cycle, among other things. This product life cycle illustrates how a product changes as it is being actively manufactured and sold. Phases like development, growth, maturity, and degradation are involved. A product might be a physical item, like
To learn more about product from the link:
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Diversification in investments will reduce long-term risk.