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noname [10]
3 years ago
7

Assume you have $2,000 in a savings account at the beginning of the year and the price level is equal to 100. If the price level

is equal to 95 at the end of the year, the real value of your savings is closest to
Business
1 answer:
Svetradugi [14.3K]3 years ago
4 0

Answer:

$2105

Explanation:

Given that

Amount of savings = 2000

Price level at beginning = 100

Price level at the end = 95

Recall that

Real value = Amount ÷ (ending period price level ÷ beginning period price level)

Thus,

Real value = 2000 ÷ (95/100)

= 2000 ÷ (0.95)

= $2105.26

Thus, the real value of the savings at year end is $2105

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What is a beneficiary? Question 50 options: The person who files insurance claims on your behalf The person who determines wheth
Zina [86]
A beneficiary in the broadest sense is a natural person or other legal entity who receives money or other benefits from a benefactor. For example, the beneficiary of a life insurance policy is the person who receives the payment of the amount of insurance after the death of the insured.
6 0
3 years ago
Which of the following statements are true? A direct cost is sometimes referred to as a common cost. A regional sales manager's
RoseWind [281]

Answer:

The correct answers are the following options: A regional sales manager's salary is a direct cost of the regional office in which the sales manager works - A direct cost can be easily and conveniently traced to a specific cost object.

Explanation:

On the one hand, the name of <em>"direct costs"</em> is refered to the ones that would be directly related to a cost object, therefore that these costs are easily recognizable to the person who manages the costs due to the fact that those will be the ones that are strictly referable to the object.

On the other hand, the <em>"indirect costs"</em> are the ones that have the characteristics of being the oppositive of the direct costs. Therefore that these type of costs are the ones that would not be easily referable to a cost object.

5 0
3 years ago
Complete the explanation of how polygenic inheritance could be the basis of a trait showing continuous phenotypic variation.
DerKrebs [107]

Answer:

Additive; continuous; homozygous; homozygous.

Explanation:

The variation in weight in a population may be explained by the segregation of 10 genes that control weight in a simple <u>additive</u> genetic fashion, the distribution will be<u> continuous</u> from the lowest value <u>homozygous</u> for one allele at all 10 genes to the highest value <u>homozygous</u> for the other allele at all 10 genes.

Continuous phenotypic variation can be caused by many genes affecting a trait and/or environmental variation.

4 0
3 years ago
The fundmanetal philopshy behind _____ is to reduce investment in promotion and transfer part of the savings to lower price
egoroff_w [7]

The fundamental philosophy behind Everyday Low Pricing exists to decrease investment in promotion and transfer part of the savings to lower price.

<h3>What is Everyday Low Pricing?</h3>

Everyday Low Price (EDLP) is a pricing technique employed by merchants that guarantees customers the lowest prices in-store without the need to apply a coupon, wait for a sales event, or take any other steps to obtain an acceptable price on the goods they purchase. There are numerous companies that use an everyday low pricing strategy, including Wal-Mart, Amazon, Procter & Gamble, Winn-Dixie, and Trade Joe's. A survey indicates that 26% of American retailers use EDLP and 74% use high-low promotions.

You can reduce demand swings, prevent sales promotions, and improve your demand forecasting processes by using an everyday low pricing strategy. You can lower the price of your products using a cheap pricing plan to draw in more customers and boost sales.

Hence, The fundamental philosophy behind Everyday Low Pricing exists to decrease investment in promotion and transfer part of the savings to lower price.

To learn more about Everyday Low Pricing refer to:

brainly.com/question/13055094

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8 0
1 year ago
Managers should consider the price sensitivity of the target market when setting prices.
UkoKoshka [18]

True. Managers should consider the price sensitivity of the target market when setting prices.

<h3>What is meant by price sensitivity?</h3>

The degree to which demand fluctuates as a product's or service's price changes is known as price sensitivity. The price elasticity of demand, which implies that certain buyers won't pay more if a lower-priced choice is available, is a typical method for measuring price sensitivity.

By dividing the percentage change in quantity demanded by the percentage change in price, one can calculate price sensitivity. Sensitivity in finance refers to how much a market instrument will change in response to changes in underlying factors, most frequently in terms of how its price will move in response to other circumstances.

Read more on price sensitivity here: brainly.com/question/11715656

#SPJ1

Managers should consider the price sensitivity of the target market when setting prices.

t OR f

4 0
1 year ago
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