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Taya2010 [7]
3 years ago
6

Suppose a basket of goods and services has been selected to calculate the CPI and 2012 has been selected as the base year. In 20

12, the basket’s cost was $50; in 2014, the basket’s cost was $52; and in 2016, the basket’s cost was $55. The value of the CPI in 2016 was
Business
1 answer:
Evgesh-ka [11]3 years ago
8 0

Answer: 2016 CPI is 110

Explanation:

Given the following :

Base year = 2012

Cost of basket in 2012 = $50

Cost of basket in 2014 = $52

Coat of basket in 2016 = $55

The Consumer Price Index (CPI) is calculated using the formula :

CPI = (weighted cost item in current period / weighted cost of item in base period) × 100

Base period / year = 2012

Current period = 2016

Therefore, 2016 CPI equals;

($55 / $50) × 100

= 110

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Clear Call Corporation makes phones, which are sold to consumers by DefDeals stores. Erna files a product liability suit against
diamong [38]

Answer:

2. An available alternative design.

Explanation:

Product liability is the liability a manufacturer bears for putting a defective product in the hands of a consumer. Defective products are either those that are produced with functional inadequacy or liability can also be filed when sufficient information is not provided for safe use of the product.

In this scenario Ema files a product liability claim against clear call alleging design defects. The court may consider an alternative design in the bid to decide if clear call is liable in this lawsuit. The alternative can be given to Ema as replacement for the defective phone.

6 0
3 years ago
A(n) ___ service provides an electronic version of an invoice with all of the details
Alenkasestr [34]
What are the choices? But I would guess bill presentment.
3 0
3 years ago
__________ is the term used to describe the situation when retailers use some combination of stores, catalogs, and the internet
marta [7]

Answer:

<u>"Multichannel retailing"</u> is the term used to describe the situation when retailers use some combination of stores, catalogs, and the internet to sell merchandise.

Explanation:

Multichannel retailing is a concept which is used in marketing that is continually advancing, in which an organization gives various approaches to clients to buy products and services. Basically most organizations nowadays are required to give clients different types of approaches to shop as clients need accommodation, and they need things done promptly.

6 0
3 years ago
Exercise 22-18 Manufacturing cycle time and efficiency LO A4 Oakwood Company produces maple bookcases to customer order. The fol
Zarrin [17]

Answer:

1. The company's manufacturing cycle time  is 17.4 days.

2. The company's manufacturing cycle efficiency is 0.40

Explanation:

1. Manufacturing cycle time

= Process time + inspection time + move time + wait time

= 7 + 0.6 + 4.8 + 5

= 17.4 days

Therefore, The company's manufacturing cycle time  is 17.4 days.

2. manufacturing cycle efficiency

= process time/manufacturing cycle time  

= 7/17.4

= 0.40

Therefore, The company's manufacturing cycle efficiency is 0.40

5 0
3 years ago
Dmitri recently lost his job as a waiter at a local restaurant. A recent increase in the minimum wage keeps local employers from
Lelechka [254]

Answer:

B. FALSE

Explanation:

This economy is currently at its natural rate of unemployment because there is <u>no cyclical unemployment</u>

In macroeconomics, <u>full employment is the level of employment rates where there is no cyclical or deficient-demand unemployment. </u>

<u>The economy is considered to be at full employment when the actual unemployment rate is equal to the natural rate</u>.

Hence, it is false to allege that the economy in the given scenario is not currently at its natural rate of unemployment

7 0
3 years ago
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