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MrMuchimi
3 years ago
7

The mid-1990s saw a rise in the use of mobile phones in the general population. The technology continued to improve in the early

2000s and in the mid-2000s smartphones revolutionized the way people communicated. The technology has changed very rapidly and improved the lives of consumers. With these rapid changes, what would you suspect has happened to the CPI calculation?a. The CPI has overstated the cost of living because of income bias.b. The CPI has understated the cost of living because of quality improvement bias.c. The CPI has overstated the cost of living because of quality improvement bias.
Business
1 answer:
Ber [7]3 years ago
6 0

Answer:

the cpi has understated the cost of living because of quality improvement bias

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3 years ago
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Production estimates for August for Jay Company are as follows:
dimaraw [331]

Answer:

c.$1,080,000 for A; $648,000 for B

Explanation:

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4 0
3 years ago
ADR purchases wood screws from a local representative. The local rep visits the shop once every 3 weeks (21 days). When he arriv
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Answer: Attached below is the missing data related to your question

answer :  66 boxes

Explanation:

<u>Determine the number of boxes of screws that ADR should order </u>

we can determine the number of boxes by applying the relationship below

Q ( quantity of boxes ) = d ( T + L ) + SS - I   ------ ( 1 )

where: d = 2 ( average daily demand )

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Q = 2 ( 21 + 4 ) + 20 - 4

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3 years ago
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