1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Elanso [62]
3 years ago
14

Martha visits a departmental store and discovers that a box of exotic candles will cost her ten percent more than what she had p

aid six months ago. The increase in prices is same across the country. In this scenario, which of the following statements is true?
The departmental store is trying to earn profits by increasing the prices of its goods.


She has to pay twelve percent more than what she paid last month.


She will have immediate purchasing power if she had a pay raise to match the inflation.


The candles' subjective value increases with the increase in inflation.
Business
1 answer:
nikklg [1K]3 years ago
5 0

Answer:

The answer is: She will have immediate purchasing power if she had a pay raise to match the inflation.  

Explanation:

Inflation can be explained as a general increase in the prices of goods or services over a certain period of time (in the whole country not only on one store). So the purchasing power of the currency will decrease inversely.

Assuming that the inflation rate of the whole country was 10% over the last six months, in order for Martha to be able to buy right now the same amount of goods and services she used to buy before, she would need a pay raise of 10% to match the inflation rate.

If only the candles´ supply was affected by inflation, to establish a pay raise that would balance her purchasing power you would need to calculate what percentage of Martha´s income the buying of exotic candles represent  .

 

You might be interested in
When evaluating service quality, _____ refers to the knowledge and courtesy of employees and their ability to convey trust. a. a
sesenic [268]

An assurance means the knowledge and courtesy of employees and their ability to convey trust.

<h3>What is an assurance?</h3>

This refers to the set of systematic activities that are intended to ensure that the objectives of a project are fit for purpose.

Hence, in evaluation of service quality, its means the knowledge and courtesy of employees and their ability to convey trust.

Therefore, the Option A is correct.

Read more about assurance

<em>brainly.com/question/13567395</em>

#SPJ1

6 0
1 year ago
What is a major factor in the decline of some occupations, such as those in the textiles and clothing industries?
Pavel [41]
The major factor that contributes to the decline of occupations in industries such as textile and clothing is due to the change of technology. Through the technological advancement, innovators are able to machines that work twice as fast as human beings.
7 0
3 years ago
Read 2 more answers
​Drive-Ins borrowed money by issuing $ 2 comma 500 comma 000 of 8 % bonds payable at 96.5. Interest is paid semiannually. Requir
Bogdan [553]

Answer:

I don't think he got any back

Explanation:

The money could have been a tip.

4 0
3 years ago
What is a sales quota? Group of answer choices
Nuetrik [128]

Answer:

Sales Quota is the amount of sales that an individual sales person or group of sales people is expected to make within a specific amount of time.

Explanation:

Sales Quotas are the goals of the sales team that they are expected to achieve in a given period of time. It can be monthly, quarterly, or yearly. Sales Quota can be based on one person or can be set for a team or a group.

This helps an organization to achieve sales and revenue targets. Managers are able to learn about the productivity of the team and their success rate with the help of Sales quota. Sales quota also motivate the team to do better and achieve the goals.

5 0
3 years ago
A project has cash flows of −$161,900, $60,800, $62,300, and $75,000 for Years 0 to 3, respectively. The required rate of return
Degger [83]

Answer:

Therefore, the internal rate of return is lower than the expected return, for this the project must be rejected

Explanation:

Solution

Given that

The cash flow of a project consists of the following amount from year 0 to 3 = −$161,900, $60,800, $62,300, and $75,000

The rate of return required = 13%

Now,

Let the Internal rate of return be y%

Thus,

At internal rate of return, the value of present inflows is the same as the value of present outflows.

So,

Internal rate of return = Value of present inflows = Value of present outflows

=161900 =60800/1.0y +62300/1.0 y ^2 + 75000/ 1,0 y^3

Therefore, y = internal rate of return 10.41%

7 0
3 years ago
Other questions:
  • The board of directors of Benson Company declared a cash dividend of $1.50 per share on 42,000 shares of common stock on July 15
    14·1 answer
  • A new product made from recycled bio-plastics needs 25 labor hours to complete the build for the first unit. If production opera
    15·1 answer
  • Primary market explain how the treasury uses the primary market to obtain adequate funding
    12·1 answer
  • A city government is considering two types of​ town-dump sanitary systems. Design A requires an initial outlay of ​$405 comma 00
    7·1 answer
  • Home Services common stock offers an expected total return of 14.56 percent. The last annual dividend was $2.27 a share. Dividen
    9·1 answer
  • If U.S. residents chose to travel overseas less due to concerns about the safety of foreign travel, then in the open-economy mac
    13·1 answer
  • If the company budgets to need 4000 units to sell for a month, has a beginning inventory of 1000 units and a desired ending inve
    7·1 answer
  • Which of the following could cause an appreciation of the real exchange rate in a small open economy? A decrease in the domestic
    13·1 answer
  • At the beginning of 2018, Artichoke Academy reported a balance in common stock of $168,000 and a balance in retained earnings of
    12·1 answer
  • ________ is shown on a multiple-step but not on a single-step income statement.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!