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Elden [556K]
3 years ago
7

How many products are in the average supermarket today

Business
1 answer:
Ber [7]3 years ago
6 0

Answer: 47,000 products

Explanation:Altogether, there are nearly 38,000 supermarkets in the United States. Seventy percent of those are conventional grocery stores, with super centers , gourmet stores, warehouse clubs, and military commissaries making up the remaining 30%. the average supermarket has more than 47,000 products.

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Assume that bananas cost $0.50 in 2002 and $1 in 2007, whereas pears cost $1 in 2002 and $1.50 in 2007. Suppose that 4 bananas w
daser333 [38]

Answer:

Real GDP [2002]  = 5, Real GDP [2007]  = 6.5, Nominal GDP [2002] = 5, Nominal GDP [2007] = 11

GDP Deflator = 169, Implicit Inflation rate = 69%

Explanation:

Real GDP is the value of goods & services produced, at base year prices. Current year = 2007, Base year = 2002 here.

2002 : Qb = 4 , Qp = 3  , Pb = 0.5  , Pp = 1

2007 :  Qb = 5 , Qp = 4 , Pb = 1 , Pp =  1.5

Real GDP  [2002] = Pb(02) Qb(02) + Pp(02) Qp(02)

= (0.5)4 + 1(3) = 2 + 3 = 5

Real GDP [2007] = Pb(02) Qb(07) + Qp(07) Pp(02)

= 0.5 (5) + 1 (4) = 2.5 + 4 = 6.5

Nominal GDP [2002] = Pb(02) Qb(02) + Pp(02) Qp(02)

= (0.5)4 + 1(3) = 2 + 3 = 5

Nominal GDP [2007] = Pb(07) Qb(07) + Pp(07) Qp(07)

= 1 (5) + 1.5 (4) = 5 + 6 = 11

GDP Deflator [currrent year 07] = Nominal GDP (07) / Real  GDP (07) x 100

(11 / 6.5) x 100 ~ 169

So, implicit inflation rate is 69%

6 0
2 years ago
______ can be defined as the general plan of action that describes resource allocation and other activities for dealing with the
Mamont248 [21]
Business can be defined
5 0
3 years ago
Miscavage Corporation has two divisions: the Beta Division and the Alpha Division. The Beta Division has sales of $300,000, vari
Ipatiy [6.2K]

Answer: $86700

Explanation:

The net operating income is used in knowing the profitability of an investment. The net operating income is gotten by subtracting the expenses from the revenue.

Based on the information given in the question, the net operating income is $86700. Kindly check the attachment for further details.

7 0
3 years ago
In the cycle of complete strategic planning, taking corrective action is a part of ________. A. implementation B. controlling C.
slavikrds [6]

Answer:

The correct answer is letter "B": controlling.

Explanation:

In strategic planning, controlling is the step in which the project is being carried out but monitoring is needed to track the progress of work. Controlling will allow the company to find out if it is ahead or behind the scheduled plan and if there are corrections to be made or simple adjustments.

8 0
3 years ago
Which type of briefing is delivered to individual resources.
ycow [4]
Field-level briefings
your welcome
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