There are large variation in the individual price indexes for consumption categories leading to the agency providing an additional price indexes across many different types of goods
<h3>What are
price indexes?</h3>
Price indexes refers to an economic measure that shows how prices change over a period of time.
In conclusion, the large variation in the individual price indexes for consumption categories leads to the agency providing an additional price indexes across many different types of goods
Read more about Price indexes
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Commercial stock market international service
Answer:
Option (B) is correct.
Explanation:
Given that,
Percentage increase in price = 5%
Percentage decrease in quantity demanded = 15%
Therefore,
= 3.0
Hence, elasticity of demand facing Billy Bob's Barber Shop is 3.0
Answer:
B/E ratio 1.2356
Explanation:
300,000 - 43,000 = 257,000
257,000/0.04 = 6,425,000
initial cost 2,200,000
unkeep cost 120,000/0.04 = 3,000,000
6,425,000/(2,200,000+3,000,000) = 1.235576923
Note we are given a discount rate, which means the upkeep, benefits and disbenefits are perpetual.
Answer: Generativity vs Stagnation
Explanation:
Eric Eriksson postulated 8 stages of psychosocial development. These stages are;
1. Trust vs mistrust
2. Autonomy vs shame and doubt
3. Initiative vs guilt
4. Industry vs inferiority
5. Identity vs role confusion
6. Intimacy vs isolation
7. Generativity vs. Stagnation
8. Ego Integrity vs. Despair
Generativity vs. Stagnation stage occurs at adulthood 40-65yrs. At this stage, people want to live a legacy by giving back to society. This includes taking time to train their children. This stage is associated with care.
