Answer:
Consumer Price Index (CPI)
Explanation:
1- By definition CPI is the weighted average of a consumer's basket volume for any purchase service or good. When money supply increases, GDP increases, and the spending of a customer increases. Hence resulted in increased CPI.
2- Interest rate decreases when money supply increases
3- Inflation is by definition a steady increase in the money supply if a country. So one can be replaced by another. Inflation does not come from money supply increase, it is in fact money supply increase
Answer:
LetFM = number of fronts madeSM = number of seats madeWM = number of wheels madeFP = number of fronts purchasedSP = number of seats purchasedWP = number of wheels purchasedMin8FM + 6SM + 1WM + 12FP + 9SP + 3WPs.t.3FM + 4SM + .5WM 5000010FM + 6SM + 2WM 1600002FM + 2SM + .1WM 30000FM + FP 12000SM + SP 12000WM + WP 24000FM, SM, WM, FP, SP, WP 0
Answer:
b. $5.01
Explanation:
practical capacity = 310 x 16 x 250 = 1,240,000 boxes of wine per year
fixed overhead costs = $4,000,000 / 1,240,000 = $3.23 per box of wine
variable manufacturing costs = $1,762,200 / 990,000 = $1.78 per box of wine
total production costs per unit when practical capacity is used = $3.23 + $1.78 = $5.01 per box of wine
<span>Essential goods does not affect demand for we cannot live without it. That is why the demand for essential goods will remain constant even if there is a change in price. An example is medicine; people will buy this to cure their ailment regardless of a price increase.</span>
