Based on the CPI in both places, the Brexington salary in Charlieville is $30,000.
<h3>Brexington salary in Charlieville </h3>
This can be found by the formula:
= Brexington salary x CPI of Charlieville / CPI of Brexington
Solving gives
= 50,000 x (90 / 150)
= $30,000
In conclusion, option A is correct.
Find out more on CPI at brainly.com/question/512131.
Answer:
The correct answer is a. variable cost changes with production activity and fixed cost remains constant.
Explanation:
The fixed cost is constant and does not changes with the output level. It remains constant through out the production process. fixed costs are those expenses which are paid independent of activity. So it is not affected by quantity of production.
While on the other hand variable cost is the cost of raw materials and other inputs. So, it changes with the level of production.
If ty chooses a smartphone simply because he perceives it to be rated highest on megapixels, which he believes is the most important attribute in a smartphone, he is using a(n) lexicographic heuristic to help make his purchase decision. The study of heuristics analyzes how people make decisions when optimization is out of reach. It focuses on two questions, the first and descriptive, and the second is normative.
1. Positive economic growth means that the value of all goods and services produced in the economy increase by an unknown amount
2. growth in the amount of goods and services produced
Answer:
Hi
When a curve moves, the price and the amount of equilibrium change. An increase in demand causes an increase in both price and the amount of balance. A decrease in demand causes a decrease in both the price and the amount of equilibrium.
In the real world, it is easier to predict changes in supply than changes in demand. Physical factors that affect supply, such as weather or the availability of inputs, are easier to control than changes in restrictions that affect demand. Taking into account supply and demand, we can also better anticipate the effects of shifts in the supply curve. An excess of demand causes an increase in the price and a decrease in the quantity demanded, when the supply of a good or a reduced service, the equilibrium price of that good or service increases and the quantity of controlled equilibrium. In summary, an increase in the supply of a good causes a decrease in the price and an increase in the amount of equilibrium. A decrease in supply causes an increase in price and a decrease in the amount of balance.
Explanation:
