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kozerog [31]
3 years ago
6

Suppose the typical household spends $3,500 on goods and services during the month of January, and $4,300 on the same goods and

services in February. Using January as the base period, what is the consumer price index for February?
Business
1 answer:
Elodia [21]3 years ago
5 0

Answer:

The consumer price index for February is 122.85

Explanation:

Consumer price index: It shows a change in  prices for different years in different products and service.

In this question, we use the formula of Consumer price index which is shown below

= Good and services spend on February month ÷ Good and services spends on January month × 100

= $4,300 ÷ $3,500 × 100

= 1.2285  × 100

=122.85

In the question, it is given that take the January month as the base year so we do the same.

Hence, the consumer price index for February is 122.85

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Answer:

hi

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After customer service representatives are trained, their phone calls are monitored to determine if the CSRs are applying the le
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Answer:

Behavior

Explanation:

The era has been changed most of the customer is shopping online and if they are found defective in the product, the customer always dials a customer care number by resolving their problem.  

For example a customer buys a laptop online and after a few days, customers found hanging issues. Customers will dial a customer care number of that particular brand and get helped from them.

Why the customer is found helped? The simple reason that the executive who represents the brand learns lessons and get trained for behavior and the knowledge of that product from the company. The customer looks behavior of the executive and from this, the customer builds a relationship with a brand.

On the other hand, the calls are being monitored for quality and training purposes.

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3 years ago
Determine how the following scenarios affect the firm's cash position. Identify whether the scenario describes a financing, inve
pochemuha

Answer and Explanation:

The classification is as follows:

1. Dividend of preferred stock paid - Financing activity

2. Purchase of the property for a future factory - Investing activity

3. Issuance of the common stock shares  -  Financing activity

4.Rise in  accrued liabilities - Operating activity

5. Sell some old equipment - Investing activity

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1.  Issuance of the common stock shares

2. Rise in  accrued liabilities

3. Sell some old equipment

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4 0
3 years ago
Mike is driving over to his girlfriend's apartment and decides to buy some gum. He could stop in a gas station, go to any grocer
stepan [7]

Answer:

Intensive.

Explanation:

In this scenario, Mike is driving over to his girlfriend's apartment and decides to buy some gum. He could stop in a gas station, go to any grocery store, go to any discount store, or even buy some out of a vending machine. The reason Mike has so many options to buy gum is because chewing gum companies strive for intensive channel coverage.

An intensive channel coverage is a sales method which is typically focused on providing varieties of sales outlets or channels for customers to buy their desired products.

Companies operating under the intensive channel coverage, are usually aimed at saturating the market with their products, by using all available sales outlets.

<em>Hence, Mike had so many outlets where he could buy gum from because chewing gum companies strive for intensive channel coverage in order to reach out to potential customers. Other examples of companies that use the intensive coverage channel are cigarette, beer etc. </em>

5 0
3 years ago
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Blizzard [7]

Answer:

Holder in due course

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A holder in due course arise when someone accepted the negotiable instrument for exchange in the value without any kind of reason. In this, there is a right for claim the value of an instrument that oppose to the orginator and the intermediate holders

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