The highest that the store should sell should be at $9.5 per burrito because if they sell at $9.5, then they will get 1,805,000 for a daily revenue (9.5 x 190,000 burritos). If they sell any higher, then their daily revenue will go down. For example, if they sell at $10 a piece, they can only sell 180,000 (as per the rule that for every $0.50 increase in price, they have to lessen their sales volume by 10,000). 10 x 180,000 is 1,800,000 which is their daily revenue if they sell at $10 which is less than what they can get if they sell at $9.5.
Answer:
b) Tim should be in Governance and Suzette should be in Planning.
Explanation:
Sorry this is a bit late
Professional relationship
Answer:
Results are below.
Explanation:
Giving the following information:
Initial investment= $1,000
Annual interest rate= 6% = 0.06
Number of periods= n
<u>To calculate the future value after "n" periods, we need to use the following formula:</u>
FV= PV*(1+i)^n
<u>For example:</u>
n= 6 years
FV= 1,000*(1.06^6)
FV= $1,418.52
Answer:
Consumer Price Index - Measuring the cost of living for a typical consumer.
The CPI is a measure of the change in price of a basket of goods and services most commonly bought by an average customer.
Producer Price Index - Examining price changes that might affect businesses.
The Producer Price Index measures the change in prices for raw materials that are used in the production process. This is an important price index to measure the costs associated with running a business in a specific area.
Home Price Index - Measuring differences in the cost of living between different cities.
The Home Price Index measures the changes in the price of residential units in different areas. This index is useful to measure the cost of living accross cities because the cost of renting and buying real estate is often the most significant cost of living for any city.
