Answer:
2) Percentage of the typical consumer budget spent on the item.
Explanation:
In microeconomics, item weight refers to the money spent on purchasing a specific product with respect of the total money spent in total purchases. Item weight is usually measured as a percent of a specific purchase over the total purchases made by a consumer or household.
The financial document that Philippa has already prepared is the cost of goods manufactured schedule.
<h3>What is a financial document?</h3>
It should be noted that a financial document simply means a document that's necessary in an organization to carry out transactions.
In this case, since Philippa is getting ready to start preparing the income statement for General Graders, the financial document that Philippa has already prepared is the cost of goods manufactured schedule.
Learn more about financial documents on:
brainly.com/question/2806276
<span>It's definitely: Global economy</span>
Let
x------------------- > cost comic book sold in 1942--------------> <span>$1,920,000
</span>y------------------- > cost comic book sold in 2015--------------> $0.09
t------------------ > time---------------> (2015-1942)= 73 years
z-----------------> average increase per year
we know that
<span>z={[(x-y)/y]/t}*100
</span>then
z={[(1920000-0.09)/0.09]/73}*100=29,223,743 %
the answer is 29,223,743 %