1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Olegator [25]
3 years ago
13

Assume the market basket for the consumer price index has two​ products, bread and​ milk, with the following values in 2013 and

2018 for price and​ quantity: Base Year​ (2013) 2018 Product Quantity Price Price Milk 50 ​$1.20 ​$1.50 Bread 100 1.00 1.10 The Consumer Price Index for 2018 equals A. 116. B. 85. C. 86. D. 118.
Business
1 answer:
Helga [31]3 years ago
6 0

The market basket for the consumer price index has two​ products, bread and​ milk, with the following values in 2013 and 2018 for price and​ quantity: Base Year​ (2013) 2018 Product Quantity Price Price Milk 50 ​$1.20 ​$1.50 Bread 100 1.00 1.10 <u>The Consumer Price Index for 2018 equals (A) 116</u>

<u />

Explanation:

The market basket for the consumer price index has two​ products, bread and​ milk, with the following values in 2013 and 2018 for price and​ quantity: Base Year​ (2013) 2018 Product Quantity Price Price Milk 50 ​$1.20 ​$1.50 Bread 100 1.00 1.10 <u>The Consumer Price Index for 2018 equals (A) 116</u>

The CPI is a statistical technique that  estimate or make use of the prices of a sample of representative items and these prices are collected periodically.

The Consumer Price Index (CPI) is index which is used to  examine the weighted average price of  consumer goods and services  basket , which includes transportation, food, and medical care and  is calculated by taking price changes for each item in the predetermined basket of goods and averaging them out

You might be interested in
DoorWay Computers, Inc., the trademark owner of "DoorWay," sought a court injunction to prevent Handyman Hardware, Inc. from usi
amid [387]

Answer:

False  

Explanation:

Because the injunction is the legal remedy that the special court's judge orders not the jury. The order enforce a party to do what must be done or refrains it from doing specific acts that harms the other party. So saying that Doorway sought the court injunction in which the jury decides the right course of action is incorrect because injunction is the warning of judge not of jury.

3 0
3 years ago
I will give brainliest if correct
stepan [7]

Answer:

I believe that it is A and C

Explanation:

5 0
3 years ago
Season tickets for the Dingos are priced at $340 and include 17 home games. An equal amount of revenue is recognized after each
Vsevolod [243]

Answer:

Season tickets sold = $1,819,000 / $340

Season tickets sold = 5,350 tickets

Games played by the end of October = [$1,284,000 / ($1,819,000 / 17 games)]

Games played by the end of October = $1,284,000 / 107,000

Games played by the end of October = 12 games

Journal Entry to record initial sale of ticket

Accounts title                            Debit             Credit

Cash                                      $1,819,000

Unearned Ticket revenue                          $1,819,000

Journal Entry to record first home game revenue

Accounts title                            Debit         Credit

Unearned Ticket revenue    $107,000  

Ticket revenue (earned)                          $107,000

6 0
3 years ago
In the circular flow of income A. households buy goods and services and firms supply goods. Resources are supplied by other firm
Alla [95]

Answer:

D. households demand goods and services that are supplied by​ firms, while supplying resources that are demanded by firms.

Explanation:

The circular flow of income shows how money moves in an economy. Firms pay households for resources needed in production. The money flows back to firms when households demands goods and services from firms.

I hope my answer helps you

8 0
3 years ago
What should each person do if the goal is to maximize the amount of fish and coconuts?
asambeis [7]
Are they trying to maximize the amount of fish & coconuts sold or that Is being bought? Can you add more details?
4 0
2 years ago
Other questions:
  • Segmentation, targeting, and positioning Group of answer choices are part of the marketing plan but bear little direct relations
    9·2 answers
  • Consider the following statement about real options: Decision tree analysis is more commonly used in valuing securities than rea
    12·1 answer
  • Why does a campground at a national park not necessarily count as a public good?
    10·2 answers
  • On January 1, 2015, East Lansing, Inc, issues $2,000,000 of 10 percent, 5-year bonds that pay interest of $100,000 semiannually.
    15·1 answer
  • When Coca-Cola purchased first a part and then all of Honest Tea, what would have been appropriate ways to help this change be s
    10·1 answer
  • This year Randy paid $29,800 of interest on his residence. (Randy borrowed $474,000 to buy his residence, and it is currently wo
    11·1 answer
  • On January 1, 2019, Patrick Polk purchased real estate as an investment. On April 1, 2019, Patrick exchanged it for other real e
    8·1 answer
  • What are the 5 industries which comprise two-thirds of Houston’s total exports?
    7·1 answer
  • The part of the technical report should follow this sequence
    11·1 answer
  • When there is disagreement among members at the same level of marketing channels, such as when best buy and sears engage in a pr
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!