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Tems11 [23]
3 years ago
11

For an imaginary economy, the value of the consumer price index was 140 in 2013 and 146.5 in 2014. The economy’s inflation rate

for 2014 was:
Business
1 answer:
Evgen [1.6K]3 years ago
5 0

Answer:

4.64%

Explanation:

The computation of the economy inflation rate is presented below:

= (Consumer price index in 2014 - Consumer price index in 2013) ÷ (Consumer price index in 2013) × 100

= (146.5 - 140) ÷ (140) × 100

= (6.5) ÷ (140) × 100

= 4.64%

We simply applied the above formula so that the economy’s inflation rate could come

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kiruha [24]

Answer:

Sales revenue= $180,000

Explanation:

Giving the following information:

Budgeted sales:

May= 36,000 units

The selling price per unit is $5.

The sales revenue is calculated as the total number of units sold for the selling price:

Sales revenue= number of units*selling price

Sales revenue= 36,000*5= $180,000

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4 years ago
Where is Moisturizing Black soap shampoo is currently positioned in the product life cycle.
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If the Moisturizing Black soap shampoo is currently positioned in the product life cycle the stage is called <span>Maturity

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3 years ago
sharice just accepted a job offer from an intriguing company. It encourages video game play on breaks to build camaraderie among
vampirchik [111]

Question: Sharice just accepted a job offer from an intriguing company. It encourages video game play on breaks to build camaraderie among co-workers, happy hours to get to know team members, and emphasizes "giving back" through community service once a month in their neighborhood. Based on this information, and what you know from this chapter, you would conclude that Sharice is employed ___________.

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Answer: At a positive institution.

8 0
4 years ago
You are the manager of a firm that competes against four other firms by bidding for government contracts. While you believe your
hodyreva [135]

Answer: $1,000

Explanation:

Given Data;

Total government demand is Q = 800 -10P

marginal cost (Mc) = $50

contracted price (cp) = $70 per unit

Therefore;

Marginal Revenue ( MR ) = Marginal Cost ( MC)

Q = 800 -10P

800 - Q = 10P

Divide through by 10, where Q = 1

800/10 - 1/10 = P

80 - 0.1Q = P

Total Revenue(TR) = PQ

TR = 80 - 0.1Q

MR = MC

where MC = $50

80 - 0.1Q = 50

Collecting like terms

80 - 50 = 0.1Q

30 = 0.1 Q

Divide both side by 0.1

Q = 300

Price would be

P = 80 - 0.1Q

P = 80 - 0.1(300)

P = $50

MC = 40

Producing Q units

Total Cost (TC ) = 40 * ( 300 )

= $12,000

Total profit

= TR - TC

= ( P * Q ) - $12,000

= ( $50 * 300 ) - $12,000

= $15,000 - $12,000

= $3,000

Changes caused by regulations

Contracted price = $70

Quantity = 100Units

TT’ = ( P * Q ) - TC

= ( 70 * 100 ) - ( 50 * 100 )

= $7,000 - $5,000

= $2,000

TT - TT’ = $ ( 3000 - 2000 )

= $1,000

If legislation is passed all profit would reduce by $1,000

3 0
3 years ago
During the gap analysis, the entrepreneur should be concerned with the hours of operation, the time you can dedicate to this new
Akimi4 [234]

The statement above about gap analysis is: True.

<h3>What is Gap Analysis?</h3>

Gap Analysis is a measurement that an entrepreneur makes when he compares his present performance with that which he desires to achieve.

He evaluates the time money and resources spent on projects to know if they are fully optimized.

So, the statement above is right.

Learn more about gap analysis here:

brainly.com/question/10549036

8 0
2 years ago
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