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3 years ago

25-Which of the following is the BEST indicator of the economic well-being of the average citizen?

Business

2 answers:

tatiyna3 years ago

8 0

Answer:

The correct answer would be A, CPI.

Explanation:

CPI stands for Consumer Price Index. Consumer price index is the aggregate of the indicators that determine the overall condition of the common citizen. There are indicators through which we can analyze the situation of a citizen in a country, like the prices of petroleum, prices of gasoline, prices of transportation, prices of food items, prices of medical care, etc. When the prices of such items are high, then it is assessed that the living of citizens is costly. Such indicators combine to form an index. An index consists of indicators like Prices of Transportation, Prices of Food Items, Prices of Medical Care, etc, is called as Consumer Price Index, which determines the living cost of an average citizen in a country.

Leviafan [203]3 years ago

7 0

The answer is D,norminal GDP

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Answer:

Pharaoh Company

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3 years ago

Hope College is planning for the next biennium. School administrators know that the enrollment is on the decline, but still need

Alekssandra [29.7K]

They can accomplish this through early retirement.

<h3>Explanation:</h3>

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3 years ago

7. Gold Company has budgeted the following costs for the production of its only product: Direct Materials $75,000 Direct Labor 5

STatiana [176]

Answer:

$68 = unitary variable cost

Explanation:

Giving the following formula:

Gold Company wants a profit of $100,000

Production= 2,500 units

Selling price= $125

Fixed indirect production costs 27,500

Fixed selling and administrative costs 15,000

To calculate the target total unitary variable cost, we need to use the following formula:

number of units sold= (desired profit + fixed costs) / (selling price - unitary variable cost)

2,500= (100,000 + 27,500 + 15,000) / (125 - unitary variable cost)

312,500 - 2,500unitary variable cost = 142,500

170,000 = 2,500unitary variable cost

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3 years ago

_____ is defined as the relationship between benefits and the sacrifice necessary to obtain those benefits.

Umnica [9.8K]

Answer:

(A). Customer value

Explanation:

For a customer to obtain value or benefit from using a product, he or she must first make a sacrifice, such as the amount of money spent or time taken to purchase the product.

Customer value refers to that benefit the customer gets from using the product, compared to the sacrifice the customer makes to get it.

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3 years ago

25-Which of the following is the BEST indicator of the economic​ well-being of the average​ citizen?

25-Which of the following is the BEST indicator of the economic well-being of the average citizen?