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Blababa [14]
2 years ago
14

The cost of the market basket in october is $180 and the cost of the market basket in november is $200. what is the price index

equal to in the base period (october)?
Business
1 answer:
Rainbow [258]2 years ago
6 0

The price index equal to in the base period (October) is 111.

Since the Consumer Price Index (CPI) can be defined as a measurement which evaluates the weighted average of prices of a basket of consumer goods and services. For example transportation, food and medical care etc.

CPI equal to in the base period ( October)

=[(200-180)/180]*100

=11.11 = 100+11.11 =111.11 It is approximately =111

A price index is the normalized mean of price comparisons for a certain class of products or services in a specific location over a specific period of time. It is a statistic created to assist in comparing how these price relatives, when considered collectively, vary over time or across geographic regions.

Learn more about price index here

brainly.com/question/1889164

#SPJ4

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You are the manager of a monopolistically competitive firm, and your demand and cost functions are given by Q = 36 – 4P and C(Q)
inysia [295]

Answer

The answer and procedures of the exercise are attached in the following images.  

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

8 0
3 years ago
one reason a company might prefer FDI over exporting. presence or threat of trade barriers costs of acquiring a foreign enterpri
kkurt [141]

Answer:

Presence or threat of trade barriers

Explanation:

If a company sees that a specific country has a presence or threat of trade barriers, the company will prefer to invest directly in foreign companies, instead of exporting.

This is because trade barriers, like tariffs or import quotas, will likely reduce the potential revenue that the company would get from exporting. It could reduce revenue so much as to make the company lose money.

8 0
3 years ago
There are three
Lana71 [14]

The correct alternative is letter C. Inflation control. This is the first strategy to control the currency in the economy, being one of the main objectives of monetary policy in a country.

<h3 /><h3>What is monetary policy?</h3>

It is the set of governmental strategies and actions to interfere in the investment market and in the consumption power of citizens, through the control of the basic interest rate of the economy, which is an instrument capable of influencing the value of a currency and the prices of goods. consumption, thus generating a control over inflation in search of economic balance in a country.

Therefore, controlling inflation is a short-term measure that generates a series of impacts on an economy, such as fiscal and monetary contraction measures, such as increasing taxes and reducing public spending.

Find out more about monetary police here:

brainly.com/question/13926715

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8 0
2 years ago
Medicare covers the cost of care in what countries besides the united states
grin007 [14]

Medicare coverage outside the United States is limited. mostly, Medicare won’t pay for health care or supplies you get outside the U.S. The term “outside the U.S.” means anywhere other than the 50 states of the U.S., the District of Columbia, Puerto Rico, the U.S., Guam, American Samoa, and the Northern Mariana Islands, Virgin Islands.

3 0
3 years ago
Bonita industries sells two types of computer hard drives. the sales mix is 30% (q-drive) and 70% (q-drive plus). q-drive has va
podryga [215]
3300 units of q - drive.

To get the break even units of  q drive you need to get the weighted average contribution margin of the two products

To get it, simply multiply the sales mix ratio to its contribution margin per product and add the two to get the wacm.

Q-drive cm=$120-60=60*30%
Q-drive plus cm= $165-75*70%

the wacm=$81
then divide the fixed cost by the wacm

$891000 / $81=11000 units

then to get the break even units of q-drive simply multiply the sales mix ratio to the break even units

11000 units*30% =3300 units.
5 0
4 years ago
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