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3 years ago

Why is a hypothetical basket of goods used to measure inflation?

1 answer:

4 0

Because consumers can see the general increase in price over time by using a basket of goods. In addition, Inflation is often measured by evaluating alterations in the cost of a fixed basket of goods and services. This technique overestimates inflation because it does not account for alterations in outgoings patterns that outcome from comparative price variations.

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In 2018, a marketing manager for New Balance’s Minimus golf shoe needs to forecast sales through 2020. She begins with the known

aliya0001 [1]

Answer:

lost-horse forecasting.

Explanation:

Lost - horse forecast -

It is the method , which involves using the last known value for the item being foretasted , thereby , first listing and to determine the negative or positive impact , and then going to the final decision , is known as the lost - horse forecasting .

Hence ,

From the question , the type of forecast given is the lost - horse forecasting .

3 0

4 years ago

Junkyard Arts, Inc., had earnings of $593,900 for the year.

PIT_PIT [208]

Answer:

The basic EPS is $11.50

Explanation:

The basic earnings per share is the amount of net income that is earned per share of common equity or the amount of net income attributable to each share of common stock. The basic earnings per share (EPS) is calculated using the following formula,

Basic EPS = (Net Income - Preferred stock dividend) / Weighted average number of common shares outstanding

The preferred stock dividend for the period was = 7 * 2700 = 18900

Basic EPS = (593900 - 18900) / 50000

Basic EPS = $11.50

8 0

3 years ago

Labor is a resource that is necessary to produce many goods. "if the price of labor falls," says the economist, "the prices of g

Anna007 [38]

If the price of labor falls, the supply of goods rises and the prices of those goods fall.

If labor costs go down, it will cost less for a business to make products so they will make more and supply will go up. When supply goes up, prices tend to fall.

7 0

4 years ago

Explain briefly how the role of leader impacts the goals and objectives of an organization.

stealth61 [152]

A leader has more responsibility than a "peasent" or commener.

6 0

4 years ago

Veronique and lily each bought a piece of luggage that had the same price in different stores. the table below shows how they wi

myrzilka [38]

According to the information in the Graph Veronique made a better decision than Lily because the final cost of her purchase is lower including finance charges (option B)

<h3>What is a finance charge?</h3>

A finance charge is an economic term that refers to additional charges made by finance companies (such as banks) to a transaction we make, such as a purchase.

In the case of Veronique and Lilly, they both bought the same suitcase with different prices. However, the better financial decision was Veronique's because she paid less ($25) for the same bag including finance charges.

While Lilly, despite having fewer fees, will have to pay $10 more than Veronique.

Note: This question is incomplete because the image is missing. Here is the image.

Learn more about payment in: brainly.com/question/15138283

5 0

2 years ago