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Korvikt [17]
3 years ago
11

Elizabeth just received her Ph.D. in economics and has two competing job offers. The first is in Washington, D.C. and pays a sal

ary of $200,000. She has a similar job offer in Austin, TX that pays $90,000. Which pair of CPIs would make the two salaries have the same purchasing power
Business
1 answer:
Lapatulllka [165]3 years ago
7 0

Answer:

CPI washinton 100

CPI Austin 45

or

CPI Washinton 222

CPI Austin 100

Explanation:

We need a CPI that equalise the salary of 200,000 in Washington DC and the 90,000 in Austin Texas

if Washinton DC is the base, and their CPI is 100

how much does the CPI of Austin needs to be to make 200,000 in Washinton equal to 90,000 in Austin?

200,000\frac{CPI_a}{100} = 90,000

90,000/200,000 x 100 = CPI

CPI = 45

A CPI of 100 in Washinton

and a CPI of 45 in Austion make the two salaries have the same purchasing power.

If we use Austin as a base:

100/45 x 100 = 222.22222

Then the CPI for Austin is 100

and the CPI for Washinton 222

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Question number 6 I need help
tia_tia [17]

Answer:

6. a)

total fixed costs = $600,000

product mix:

1 Diablo: 2 Call of Duty: 3 Sekiro: 4 Starcraft II

Contribution margin per unit:

  • Diablo = $55 - $22 = $33
  • Call of Duty = $48 - 17 = $31
  • Sekiro = $33 - $12 = $21
  • Starcraft = $22 - $11 = $11

Contribution margin per product mix = $33 + (2 x $31)) + (3 x $21) + (4 x $11) = $172

break even number (in product mix) = $600,000 / $172 = 3,488.37 ≈ 3,489 product mixes

6.b)

  • Diablo = 3,489 games
  • Call of Duty = 3,489 x 2 = 6,978 games
  • Sekiro = 3,489 x 3 = 10,467 games
  • Starcraft = 3,489 x 4 = 13,956 games

7 0
3 years ago
What are the roles of the control unit and the alu?
makvit [3.9K]
An arithmetic logic unit is a digital circuit used to perform arithmetic and logic operations. It signifies the essential building block of the central processing unit of a computer. The modern central processing unit contain very powerful and complex arithmetic logic unit. In addition to arithmetic logic unit, modern central processing unit contain a control unit.
8 0
3 years ago
Based on the HEADLINE article titled "Inflation and the Weimar Republic," which of the following is the best illustration of the
WINSTONCH [101]

Answer: Businessmen traveling around the country found themselves borrowing funds from their customers each stage of the way. The cash they'd allocated for the entire trip barely sufficed to pay the way to the next stop."

Explanation:

Inflation is when there is a general increase in the prices of goods and services on the economy.

The best illustration of the wealth effect of inflation based on the article titled "Inflation and the Weimar Republic," is that businessmen traveling around the country found themselves borrowing funds from their customers each stage of the way. The cash they'd allocated for the entire trip barely sufficed to pay the way to the next stop."

This is because when there is inflation, theee will be rise in price and hence, the money the businessmen wanted to use won't be enough to get meet their needs hence they'll need more funds.

5 0
2 years ago
On November 30, the company received an invoice from the electric company for $200. The company will pay the invoice in December
harkovskaia [24]

Answer:

Utility expense Dr.                      $200

  Accounts payable Cr.                $200

(To record the entry for electric expense)

Explanation:

Given the amount of the invoice = $200

The expenses like Electricity expenses come under utility expenses so the incurred electricity expense will show that the utility expenses are debited and account payable is credited. Here the account payable is credited because the is not paid.

Thus, below is the entry as on 30th November.

Utility expense Dr.  $200

  Accounts payable Cr.    $200

(To record the entry for electric expense)

8 0
3 years ago
Marginal utility is the​ ________ satisfaction gained by consuming​ ________ of a good.
Tamiku [17]

Marginal utility is the extra satisfaction gained from consuming one more unit of a good.

3 0
2 years ago
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