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Gnesinka [82]
3 years ago
11

Your entertainment price index (EPI) was computed based on three goods: movie tickets, popcorn, and limeade. If you change the q

uantity of these goods from this year to next year and the prices of two of the three goods increase while the other price falls, then:
Business
2 answers:
zhuklara [117]3 years ago
7 0

Answer:

The entertainment price index (EPI) might rise or fall depending on which products or services are more expensive and their relative weight in the EPI.

Explanation:

A consumer price index, or in this case a personal entertainment price index, is based on a basket of goods (movie tickets, popcorn and limeade) and each good is assigned a relative weight on the basket. Not all goods are assigned the same weight, for example movie tickets are more relevant than popcorn and limeade since you consume popcorn and limeade when you go to the movies.

So a price increase in movie tickets will affect the EPI much more than a price increase in limeade or popcorn. Since we are not given any information about what prices increased, the change can go either way.

DaniilM [7]3 years ago
4 0

Answer:

Your entertainment price index (EPI), might fall or rise, contingent on both the quantity of the goods that you bought and the prices of these goods.

Explanation:

Price index is used extensively to estimate changes in prices overtime and are also used to measure differences in costs among different areas of countries.

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andre [41]

It is the duty of every licensee to immediately notify the commissioner in writing of any change in his residence address, business address, or mailing address. Hence, the given statement is true.

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The complete question has been attached in text form:

Every licensee must immediately notify the commissioner in writing of any change in his residence address, business address, or mailing address

False

True

3 0
1 year ago
: i can't believe it! now our pay depends on meeting goals! doesn't effort count for anything anymore? i have the same goals tha
viva [34]

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6 0
3 years ago
The "invisible hand" concept refers to the . guiding function of prices in a market system. implicit influence that the governme
Verdich [7]

Answer:

guiding function of prices in a market system

Explanation:

The price transfer information cross the agent which, organize around them, the price of a good made it more profitable than other, which generate more people diving into the business. This in the end lower the price as there are more competition, and causes agent to leave the market and move to another thus, allocating resources without explicit regulatory structure or goverment actions. Same concepts occur with the consumer, if the price of a good is lower, they will prefer to purchase it over other with are more expensive. This will send the signal to produced to generate more units of this goods and decrease the output of goods which are not consumed as much.

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jenyasd209 [6]

Answer:

See below.

Explanation:

Total Variable over head variance = Spending variance + Efficiency variance

Total Spending variance = VOH - SVOR × AH

Total Efficiency variance = SVOR * ( AH - SH)

Assuming we only want total spending variance then option A is correct, however if we assume total overhead variance is required option E would be correct as we also need to account for the efficiency variance of overhead as per the difference between actual and standard hours worked.

Hope that helps.

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4 years ago
Gross primary productivity is higher than net primary productivity. The difference between the two is
elena55 [62]

dotnt ask me about high school stuff

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