The fewer changes to the Consumer Price Index, the closer the economy is to maintaining stable prices.
Answer: Option A
<u>Explanation:</u>
Consumer price index is known as the variation in the level of prices of the goods and services in the economy. This is considered as a good way of measuring the level of price stability in the economy.
Lesser the changes made to the consumer price index, more stable would be prices in the economy. Because more changes in the consumer price index means more fluctuations and more destabilization.
Answer:
Technology is the sum of techniques, skills, methods, and processes used in the production of goods or services or in the accomplishment of objectives, such as scientific investigation. Smart technologies, such as sensors, can help manufacturers better design, measure, predict and control all aspects of the manufacturing process. As a result, these traditional manufacturing processes become more productive and efficient.
Explanation:
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<u>Answer:</u> C.the price drops and the quantity demanded increases.
<u>Reasoning:</u> It is stated he is producing "more" "cheaply"
The area of the region is 183/100 Square units
<h3>Calculations and Parameters</h3>
y = (5/2) sqrt(x) = 4
===> 25x = 64
===> x = 64/25
y = (5/2)sqrt(x) = (-3x+8)/2
===> 25x = 9x^2 - 48x + 64
===> x = 1
Area = Integral ( 0 to 1) ( 4-(-(3/2)x -4))dx + Int(1 to 64/25)(4 - 2′5 sqrt(x)dx
= (3x^2/4) ( from 0 to 1) + (4x - (5/3)x^(3/2)) from 1 to 64/25) = 3/4 + 27/25
Area = 183/100
Hence, we can see that the area of the region is 183/100 Square units
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