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Lilit [14]
3 years ago
9

If a market basket was defined in 2014 and it cost $10,000 to purchase the items in that basket in 2014, while it cost $11,000 t

o purchase those identical goods in 2015, then the price index for 2015 is _________.
Business
1 answer:
Stells [14]3 years ago
5 0

Answer:

110

Explanation:

The computation of the price index is presented below:  

= (Cost of purchase those identical goods in 2015) ÷ (Cost to purchase the items in 2014) × 100

= ($11,000) ÷ ($10,000) × 100

= ($11,000) ÷ ($10,000) × 100

= 110

We simply applied the above formula so that the price index could come by considering the cost of 2014 and cost of 2015

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<u>Conflict in the workplace is inevitable and is a painful reality and is the major reason   for poor productivity and frustration among the employees.If conflict is managed in a proper way it can lead to increase in employees productivity.The strategist that can be used are:-</u>

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3 years ago
Earned net income of $65,000 after deducting depreciation of $8,000 and all other expenses. Current assets decreased by $7,000​,
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Answer:

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