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elena55 [62]
3 years ago
12

In 2013, selected automobiles had an average cost of $15,500. The average cost of those same automobiles is now $17,205. What wa

s the rate of increase for these automobiles between the two time periods?
Business
1 answer:
hammer [34]3 years ago
7 0

Answer:

11%

Explanation:

Average cost of automobiles in 2013 = $15,500

Average cost of automobiles now = $17,205

Change in average cost = $17,205 - $15,500

                                        = $1,705

Rate of increase in cost is the ratio between the increase and the average cost before the increase.

Rate of increase = ($1,705/$15,500) × 100%

                           = 11%

The rate of increase for these automobiles between the two time periods is 11%.

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Explanation:

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Many times when working with a new manager, Amy, a successful small-business owner, asks the manager, "What management method do
Mademuasel [1]

Answer:

False

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A broker listed a $75,000 property and the agreement read that the owner would NOT take more than a 25% cash offer. The broker p
Mashutka [201]

Answer:

The correct answer is  - No,

Explanation:

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8 0
3 years ago
Other things the same, when the government spends more, the initial effect is that a. aggregate demand shifts right. b. aggregat
tatyana61 [14]

Answer: Option (a) is correct.

Explanation:

Correct option: Aggregate demand shifts right.

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4 0
3 years ago
You own a house that you rent for $1,675 per month. The maintenance expenses on the house average $315 per month. The house cost
Trava [24]

Answer:

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7 0
3 years ago
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