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3 years ago

Inflation is a sustained rise in the general level of prices of goods and services.

Business

2 answers:

Mice21 [21]3 years ago

6 0

Answer:

"Inflation: a general increase in prices and fall in the purchasing value of money. "

there's the definition.

Ivanshal [37]3 years ago

5 0

Answer:

The correct answer is True.

Explanation:

Inflation is a way of measuring the rate of a certain product or service increases over a certain period of time, which can be a month, a year, etc.

In inflation, the currency of a country is devalued, that is, the currency loses value. You don't buy the same with 10 dollars today, what you bought with that money ten years ago, and this is caused by inflation.

When inflation occurs the currency of a country decreases its value and this is expressed through a percentage that impacts the cost that products and services will have.

For example, suppose that the rate of a product that today costs 5 dollars is 4% per year. Then said product next year will cost 4% more. This means that the product will cost 5.20 dollars.

Therefore, the correct answer is Inflation is a sustained rise in the general level of prices of goods and services.

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A foreign company has offered to buy 75 units for a reduced sales price of $320 per unit. The marketing manager says the sale wi

belka [17]

Answer:

an increase in the operating income by $16,322

Explanation:

The computation of the impact in the operating income is given below:

Variable cost of 75 units (1300000 × 75 ÷ 12700) 7,678

Sale price of 75 units (75 × 320) 24,000

Increase in operating income (24000 - 7678) $16,322

hence, the impact in the operating income is that there is an increase in the operating income by $16,322

4 0

3 years ago

How does a Fire Prevention Plan benefit your workplace? Select the 2 answer options that apply. It’s less likely that a fire wil

lbvjy [14]

Answer:

It is less likely that injuries will occur during an emergency

Its less likely that damage will occur during an emergency

are the correct options.

Explanation:

A fire prevention program eliminates or reduces the occurrence of fires by training people in fire safety.

The fire prevention plan should include: The list of all major fire hazards, proper storage procedures and handling procedures for hazardous materials, the various types of fire protection equipment required to control major hazard, potential ignition sources and their control.

A fire needs fuel, heat and oxygen, without oxygen, fuel and heat a fire cannot start. So the strategy to prevent fire should try to remove one of more of these elements.

5 0

3 years ago

Read 2 more answers

Corey is the city sales manager for RIBS, a national fast food franchise. Every working day, Corey drives his car as follows: Mi

Inessa [10]

Answer:

b.46 miles

Explanation:

Calculation to determine Corey's reimburseable mileage

Corey's reimburseable mileage= 15 miles + 18 miles + 13 miles

Corey's reimburseable mileage = 46 miles

Therefore As a result, Corey's reimburseable mileage is 46 miles

8 0

3 years ago

FitForLife Gym, a large U.S. based fitness center, receives royalty payments from WeWelness, a small Canadian company, for using

Andre45 [30]

Answer:

Licensing 

Explanation:

Licensing is a business agreement whereby one company gives authorization to another company to produce its product for a defined fee.

Licensing allows you to immediately tap current manufacturing, marketing and distribution systems which may have been built by other companies for decades.

8 0

3 years ago

Determine whether each of the following events causes a shift of a curve or a movement along a curve in the short run. Indicate

Vaselesa [24]

Answer:

Check the explanation

Explanation:

Increase in value of dollar has made the foreign steel (a major commodity used in production) cheaper for American producers.

This will reduce the cost of production of American Producers and would increase their profit-margin.

This will induce US firms to produce more and therefore there will be increase in short-run aggregate supply.

So, the given scenario will involve short-run aggregate supply curve and would shift the curve to the right.

Kindly check the attached image below to see the required graph -

4 0

3 years ago