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Makovka662 [10]
3 years ago
14

2. What are two measures of inflation?

Business
1 answer:
ddd [48]3 years ago
8 0

Answer:

CPI and WPI

Explanation: Consumer Price Index measures the percentage change in the price of a basket of goods and services consumed by households. Wholesale Price Index is the price of representative of basket of wholesale goods.

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When Bill's Diner moves from the production combination of 35 burgers and 25 hotdogs to the combination of 25 burgers and 65 hot
Aleonysh [2.5K]

Answer:

<h2>In the context of Consumer Theory or Indifference Curve involving two goods,the opportunity of any one good is computed by how much of the other good is foregone or sacrificed to purchase one more unit of that particular good.</h2>

Explanation:

  • In this instance,when Bill's diner consumes 35 burgers and 25 hotdogs,its opportunity cost of additional hot dog=\frac{35}{25} =\frac{7}{5}=1.4.Therefore,initially Bill diner's opportunity cost of an additional hot dog is 1.4 units of burger.
  • Now,when Bill's diner chooses to consume a combination of 25 burgers and 65 hot dogs,its opportunity cost of additional hot dogs=\frac{25}{65} =\frac{5}{13} =0.385 approximately.Hence,Bill's diner is willing to sacrifice approximately 0.385 units of burger to consume an additional unit of hot dog.
  • Now,due to the change in consumption combination,the change in opportunity cost of additional hot dog=(1.4-0.385)=1.015 units of burger.Notice,that here the opportunity cost of additional hot dog decreased from 1.4 units of burger to 0.385 units of burger as Bill's diner changed the consumption combination of both burgers and hot dogs.
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2 years ago
Ben is working on a marketing campaign for luxury homes. His target customers are those that want to move to that state. Ben wan
baherus [9]
Answer to your question is B
7 0
3 years ago
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The convenience offered by digital communication needs to be weighed against​ __________ and​ __________ concerns.
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<span>The convenience offered by electronic communication needs to be weighed against security and privacy concerns. Security and Privacy encompasses the rights and obligations of individuals and organizations with respect to the collection, use, retention, disclosure, and disposal of personal information. Security and Privacy is a risk management issue for all organizations, and many are looking to CPA firms for solutions.</span>
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3 years ago
Determining the true cash balance, starting with the unadjusted book balance
Law Incorporation [45]

Answer:

True Cash Balance $7,688

Explanation:

The computation of the true cash balance is shown below:

Unadjusted Cash Balance as of May 31 $7,176

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Less Bank charges ($35)

True Cash Balance $7,688

Hence, the true cash balance is $7,688 and the same is to be considered

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3 years ago
California wildfires destroy vineyards across the Napa Valley. This is during the season when wine festivals occur most often al
vladimir2022 [97]

Answer:

As a result of the wildfire, supply would fall. there would be a leftward shift of the supply curve.  the quantity supplied of wine would reduce and price would increase

as a result of the festival, there would be an increase in demand. this would lead to an outward shift of the demand curve. Thus, the quantity demanded would increase and price would increase

taking these two effects together, there would be an indeterminate change in equilibrium quantity and equilibrium price would increase

Explanation:

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