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GaryK [48]
9 months ago
5

price index was 128 in year 1, and the inflation rate was 24 percent between year 1 and year 2. the price index in year 2 was a.

158.7. b. 152.0. c. 103.2. d. 104.0.
Business
1 answer:
Gennadij [26K]9 months ago
5 0

The price index in year 2 is 158.7 (option a).

<h3>What is the price index?</h3>

Price index is used to measure how price change over a period of time. Price index is used to measure inflation. An example of a price index is the consumer price index. The consumer price index measures changes in the price of a basket of goods.

Price index in year 2 = ( 1 + inflation rate) x price index in year 1

(1.24) x 128 = 158.7

To learn more about price index, please check: brainly.com/question/26382640

#SPJ1

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Helga [31]

Answer: Adaptive selling

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5 0
3 years ago
Based on his​ preferences, Bill is willing to trade 4 movie tickets for 1 ticket to a basketball game. If movie tickets cost $8
nexus9112 [7]

Answer:

The correct option is option e)

not trade movie tickets for basketball tickets because his marginal utility per dollar spent on movie tickets is greater than his marginal utility per dollar spent on basketball tickets.

Explanation:

The cost of one movie ticket is $8 then Bills' four tickets will be $32.

The cost of a basketball ticket is $28.

Therefore if bill should trade 4 movie tickets for a basketball ticket he will make a loss of $ 4 so it is advisable for bill not to trade movie ticket for basketball ticket. And again his marginal utility per dollar spent on movie tickets is greater than his marginal utility per dollar spent on basketball tickets.

6 0
3 years ago
A car manufacturer is considering locating an assembly plant in your region.
igor_vitrenko [27]

Answer: Perception of the society towards this.

Explanation:

When citing an industry or production site in a locality most often capital is required to get this done but in many scenario capital doesn't seems to be the problem, as the location where these industry is aimed to be planted may likely have an issue with the residents of that environment as regards planting the industry. Some times these opposition is done for obvious reasons as regards health consideration which comes with noise and air pollution but some other times there may be unjustifiable reasons for these not to be planted, probably due greed or the community seeks a share in the resources or return in investment when the firm is planted in their resident. This is a complex problem.

A simple problem would be closeness to the market. If the product in question is desired by the residents in that area, even though the manufacturer might want to be exporting but it'll be a big plus if the residents consider his products more than the external environment.

Nimby can defined as when an individual or a group opposes a decision for the citing of infrastructure and industies in their environment, claiming them to be hazardous to the residents of the environment.

This comes into play for the complex decision because if those residing in the environment don't give a "go ahead" for planting of the industry it won't be successful.

5 0
3 years ago
Tony's club is selling oranges to raise money. For every box they sell, they get dollars profit. They have sold 75 boxes already
lukranit [14]

Answer:

Boxes 85

Explanation:

Missing information: Here profit value is not given. So, 1 1/8 or 9/8 dollars profit on every box.

Number of boxes sold = 75

Total profit on 75 boxes = 9/8 × 75 =  $84.375

Target profit is $180

Amount needed to meet target = 180 - 84.375

                                                    = $95.625

Profit on one box = 9/8 or $1.125

Number of boxes to be sold to earn $95.625 = 95.625 / 1.125

                                                                            = 85 boxes

So, 85 more boxes need to be sold to receive target profit of $180.

4 0
3 years ago
The CEO of Tough Mudder believes that teams in his company are not working as effectively as they could, and he is asking you fo
tresset_1 [31]

Answer:

The manager should make sure that both the task specialist and socioemotional roles are being performed on the team.

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In the given scenario the team is split into three factions around what kinds of events to host and what kinds of customers to target, and communication is sometimes not respectful.

There is need to resolve both the social problem of disrespect and the specialist problem of having different opinions about types of events and customers to target.

As a manger it is important that socioemotional roles are performed in the group to make the factions respect themselves.

This will easily promote communication and help resolve the specialist differences the factions are having

7 0
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