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
katrin [286]
3 years ago
12

A representative selection of commonly purchased goods and services used by consumers is called the

Business
2 answers:
satela [25.4K]3 years ago
8 0

Answer:

market basket.

Explanation:

The Market Basket are the most basic products and services purchased in a house for meeting the most basic needs.

REY [17]3 years ago
6 0

Answer:

market basket.

Explanation:

-The producer price index (PPI) is a measurement of the variation in the prices that producers receive for their goods.

-A base year is the year used as a reference when an index is constructed.

-The market basket is a list of items that are frequently purchased and it is used to calculate the cost of living.

-The consumer price index (CPI) is a measurement of the variation in the price of the market basket.

So, a representative selection of commonly purchased goods and services used by consumers is called the market basket.

You might be interested in
uppose you observe the following exchange rates: €1 = $1.50; £1 = $2.00. Calculate the euro-pound exchange rate. A. €1.25 = £1.0
choli [55]

Answer:

D. €1.3333 = £1.00

Explanation:

Suppose you observe the following exchange rates: €1 = $1.50; £1 = $2.00.

That implies that the value of €1 is equivalent to 1.50/2.00 the value of £1, since €1 = $1.50; £1 = $2.00

Therefore the value of €1 = £0.75

Hence the value of  £1 = €1 / £0.75 = €1.3333

3 0
4 years ago
What 1 20 in a decimal​
Katena32 [7]
For 1/20 to be a decimal, it would be 0.05.
5 0
3 years ago
The book value of an asset is primarily used to compute the: Multiple Choice annual depreciation tax shield. amount of tax due o
omeli [17]

Answer:

b. Amount of tax due on the sale of an asset

Explanation:

The book value of an asset is primarily used to compute the <u>amount of tax due on the sale of an asset</u>. The book value of an asset is value of asset on the company/ It is important to note that the book value is not a fair market value. Book value is an accounting and tax calculation. The salvage value of an asset is after-tax cash flow in an amount equal to sales price minus the tax due based on the sales price minus the book value.

5 0
3 years ago
Which of the following statements concerning service guarantees is FALSE? A service guarantee is a mechanism to build customer l
Serhud [2]

Answer:

A service guarantee is a way to avoid compensating customers for a service failure.

Explanation:

4 0
3 years ago
With their flooring business now eight months old, Jesse and Ed readily admit that _______ has been both a pro and a con in thei
pychu [463]
With their flooring business now eight months old, Jesse and Ed readily admit that raising capital has been both a pro and a con in their partnership.
I think this is the correct answer because they will raise their capital and make sure that they will gain from it.
7 0
4 years ago
Read 2 more answers
Other questions:
  • Comparable property "A" has central air conditioning worth approximately $2,000. Comparable property "B" does not. The subject p
    13·1 answer
  • Which of the following is NOT a real option? a. The option to abandon a project. b. The option to expand into a new geographic r
    11·1 answer
  • The easiest way to test the soundness of your organization is to
    11·1 answer
  • The circulation of the ocean currents in the southern hemisphere is generally
    9·1 answer
  • Land, Labor and Entrepreneurship are all of the factors of production.
    5·1 answer
  • Which of the following accounts is not closed? Question 3 options: A. Depreciation expense B. Dividends C. Service revenue D. Ac
    15·1 answer
  • For _______ discounts, reductions off the list price are offered to resellers in the marketing channel on the basis of where the
    8·1 answer
  • _____ or short saying of wisdom or truth were used to teach lessons to the people
    9·2 answers
  • Fuschia company's contribution margin per unit is $12. total fixed costs are $84,000. what is fuschia's break-even point in unit
    12·1 answer
  • Which of the following best describes economics?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!