Answer:
The GDP price index for the economy in year 2 is 110.
Explanation:
It is given that the total expenditures for a market basket of goods in year 1 (the base year) were $5,000 billion.
Price of market basket in base year = $5000
In year 2, the total expenditure for the same market basket of goods was $5,500 billion.
Price of market basket in specific year = $5500
GDP price index:
Therefore the GDP price index for the economy in year 2 is 110.
Answer: Competitor
Explanation: Rosemarie and Dominique believes that Panera bread would be an active Competitor to their business because of the closeness of Panera bread store to theirs and also the fact that they sell similar products.
A competitor in marketing is a business that struggles for the same customers with another business due to sales of similar products.
Answer:
The correct option is <u>a. 11.27%</u>.
Explanation:
Note: See the attached excel file for the computation of the e expected return on the portfolio.
The expected return on the portfolio is the addition of the products of weight of each asset in the portfolio and the expected return of each asset.
From the attached excel file, the expected return on the portfolio is <u>11.27%</u>. Therefore, the correct option is <u>a. 11.27%</u>.
