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Dennis_Churaev [7]
3 years ago
7

Suppose a basket of goods and services has been selected to calculate the CPI and 2012 has been selected as the base year. In 20

12, the basket’s cost was $50; in 2014, the basket’s cost was $51; and in 2016, the basket’s cost was $52. The value of the CPI in 2014 was:
a. 98.0.
b. 102.0
c. 104.0
d. 151.0
Business
1 answer:
Andrew [12]3 years ago
7 0

Answer:

b. $102

Explanation:

Data provided as per the question below:-

Cost of basket in 2014 = $51

Cost of the basket in base year = $50

The calculation of the value of the CPI is shown below:-

Value of the CPI = (Cost of a basket in 2014 ÷ Cost of a basket in the base year) × 100

($51 ÷ $50) × 100

= $102

Therefore for computing the value of CPI we simply applied the above formula.

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Answer:

(b) Shane has to pay $20,000 to Morgan for breach of contract

Explanation:

In the situation, it is given that Shane decides to quit as he gets another job so he breaks the contract instead of finishing his work on time.  

Due to breach of contract, Shane has to pay $20,000 to Morgan because it is written in the party that if any party breaks the contract than he has to pay the amount. But due to some unnatural causes, no one has to pay.  

In the given case, Shane has deliberately broken the contract so it is compulsory to pay the $20,000 to Morgan.  

Hence, option b is correct

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The following exchange demonstrates which problem solving technique?We pay higher costs than we need to when we go bowling becau
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A.Fishbone Diagram because that's the answer
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Rainbow [258]

Answer:

Worksite Analysis

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4 0
3 years ago
J&J Foods wants to issue 5.4 percent preferred stock with a stated liquidating value of $100 a share. The company has determ
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Answer:

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Explanation:

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3 0
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Answer:

True

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By implementing statistical process control, the goal of eliminating or greatly reducing costly product recalls is realized. This is done by analyzing manufacturing data as it happens so that problems are stopped as they happen—instead of being caught after deployment.

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