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Evgesh-ka [11]
3 years ago
7

Which of the following, if true, would illustrate why price indexes such as the CSPI might overstate inflation in the cost of go

ing to college? Check all that apply.
A. A new mobile device for personal computing became available for purchase.
B. Professors required each student to buy 10 notebooks, regardless of the price.
C. Energy drinks became increasingly popular on college campuses between 2010 and 2012 due to significant improvements in flavor.
D. As the price of calculators rose, fewer students decided to buy them, opting instead to use the free calculators in their cell phones or on their computers.
Business
1 answer:
Bas_tet [7]3 years ago
7 0

<u>Answer:</u>

<em>A. A new mobile device for personal computing became available for purchase. </em>

<em>C. Energy drinks became increasingly popular on college campuses between 2010 and 2012 due to significant improvements in flavor. </em>

<em>D. As the price of calculators rose, fewer students decided to buy them, opting instead to use the free calculators on their cell phones or their computers. </em>

<em></em>

<u>Explanation:</u>

Alterations in market prices are calculated using a "price index" scale. This is the most helpful gadget for estimating the adjustment in the value level. In many nations, value records are utilized to quantify swelling, each concentrating on the costs of a gathering of merchandise and ventures critical to a specific segment of the economy.

The "price index" is a proportion of value changes using a rating scale. A value list can be founded on the price of solitary thing or a chose gathering of things, called a market crate.

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The following transactions were selected from the records of OceanView Company:
Bezzdna [24]

Answer:

$19,380

Explanation:

The computation of the net sales for the two months is shown below:

= Sale value of merchandise as on July 12 + Sale value of merchandise  as on June 15 +  Sale value of merchandise  as on July 20 - sales discounts from July 15 sale

= $3,500 + $10,500 + $5,800 - $10,500 × 4%

= $3,500 + $10,500 + $5,800 - $420

= $19,380

Since the payment is collected on June 23 i.e within 10 days so it is eligible for sales discounts

And from July 20 sale no sales discounts is eligible as it is exceeded than 10 days  

3 0
3 years ago
Employees earn vacation pay at the rate of one day per month. During the month of July, 28 employees qualify for one vacation da
Stells [14]

Answer:

$2884

Explanation:

Given that:

  • 28 employees qualify for one vacation day each
  • Average daily wage is $103 per day

So he amount of vacation benefit expense to be recorded for the month of July:

= number of employees * average daily wage

= 28*$103  

= $2884

7 0
3 years ago
Read 2 more answers
The first step in pursuing your financial goals is_______. PLEASE HELP
Delvig [45]
Your first step is to create a saving plans and to set your smart goals
5 0
3 years ago
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The reason a user account was locked out will be investigated within _______ and the documentation of the reason will be kept fo
iren [92.7K]

Answer:

72 hours, 12months

Explanation:

When a user gets locked out of his/her account, it is usually investigated within 72 hours of the complaint being laid. that is 3days.

When the reason is found and and told to the user, the reason is documented and kept for 12 months within which time if there is any need for reference, the document can be easily retrieved and gone through.

Cheers.

5 0
3 years ago
Equilibrium price is $10 in a perfectly competitive market. For a perfectly competitive firm, MR = MC at 233 units of output. At
Anika [276]

Answer:

Continue operating; $699

Explanation:

The equilibrium price is $10.

MR = MC at 233 units of output.

At this output level, ATC is $12, and AVC is $9.

The AFC or average fixed cost

= ATC - AVC

= $12 - $9

= $3

The total fixed cost

= AFC\ \times Q

= \$ 3\ \times\ 233

= $699

The equilibrium price is able to cover the average variable cost so the firm should continue production in the short run.

4 0
3 years ago
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