Answer: Above 5%
Explanation:
Unemployment has dropped to record lows which means that more people are able to afford goods and services. This increase in demand will shift the demand curve to the right thereby increasing prices.
Crude oil also rose in price which means that the price of gasoline has risen as well as the price of transport which is a major component of inflation.
Given these factors, inflation is sure to rise above the 5% level of the previous year.
Answer:
A lot of things can make a business unique since every entrepreneur has different ideas when starting a new business it depends on the persons approach to their business.
Given:
standard hours: 2,500 dl for 1,000 units
actual hours: 2,400 dl for 900 units
Standard direct labor-hours per unit = 2,500 direct labor-hours ÷ 1,000 units= 2.5 direct labor-hours per unit
Standard hours allowed = 2.5 direct labor hours per unit × 900 units<span>= 2,250 hours
The standard hours allowed for may production would be 2,250 hours.</span>
Answer:
the investment's coefficient of variation is 1.25.
Explanation:
The coefficient of variation relates the units of return to the units of risk. It expresses the unit of risk per 1% of return as follows :
<em>Coefficient of Variation = Standard Deviation ÷ Return</em>
Therefore,
Coefficient of Variation = 10 ÷ 8
= 1.25
