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
kari74 [83]
3 years ago
14

7. Problems and Applications Q7 A dozen eggs cost $0.96 in December 2000 and $2.75 in December 2015. The average wage for worker

s in private industries was $14.28 per hour in December 2000 and $21.26 in December 2015. By what percentage did the price of a dozen eggs rise? 65% 179% 186% By what percentage did the wage rise? 15% 49% 134% In order to earn enough to buy a dozen eggs, a worker had to work minutes in December 2000 and minutes in December 2015. Workers' purchasing power in terms of eggs between 2000 and 2015. g
Business
1 answer:
Novay_Z [31]3 years ago
3 0

Answer:

By what percentage did the price of a dozen eggs rise?

  • [($2.75 - $0.96) / $0.96] x 100 = 186.46%

By what percentage did the wage rise?

  • [($21.26 - $14.28) / $14.28] x 100 = 48.88%

In order to earn enough to buy a dozen eggs, a worker had to work <u>4.04</u> minutes in December 2000 and <u>7.76</u> minutes in December 2015.

  • ($0.96 / $14.28) x 60 = 4.04 minutes
  • ($2.75 / $21.26) x 60 = 7.76 minutes

Workers' purchasing power in terms of eggs between 2000 and 2015.

  • purchasing power in terms of eggs in 2000 = 14.875 dozens of eggs per hour
  • purchasing power in terms of eggs in 2015 = 7.76 dozens of eggs per hour

You might be interested in
The international agency that administers trade agreements, facilitates trade negotiations, and helps to resolve trade disputes,
Zepler [3.9K]
World Trade Organziation
3 0
2 years ago
A bakery invest a portion of profits into sending its employees to a training on how to use more energy-efficient ovens that als
Karo-lina-s [1.5K]
A bakery invests a portion of profits into sending its employees to a training on how to use more energy-efficient ovens that also can hold more baked goods. Hoping to achieve by investing in the training, the goal of the bakery is increase productivity. The new learning to employees will help them how to use more of the energy-efficient ovens and probably find a way that they won't have to waste more electricity and produce more baked goods.

The answer would be letter A.
6 0
3 years ago
If a software package is purchased, consider a _____, which offers additional support and assistance from the vendor.​
GalinKa [24]
If a software package is purchased, consider a supplemental maintenance package which offers additional support and assistance from the vendor. 


Supplemental maintenance with assist in future issues while using the software. These can range from not working correctly or just needing a few tips on how to use the software. Most companies that sell software or electronics, offer these.
7 0
3 years ago
Long-term objectives are useful because they Multiple choice question. can be accurately measured, whereas short-term objectives
belka [17]

Answer:

Option B

Explanation:

Option B:

Prevent a company from becoming overly focused on the near term and losing sight of larger trends and opportunities.

6 0
3 years ago
Fiat money has an alternative use as an economic good, while commodity money did not. True or false
Drupady [299]

Answer:

False

Explanation:

Commodity money is money whose value comes from a commodity of which it is made. Commodity money consists of objects having value or use in themselves (intrinsic value) as well as their value in buying goods.

Fiat money is a currency without intrinsic value that has been established as money, often by government regulation. Fiat money does not have use value.

4 0
3 years ago
Other questions:
  • Round Hammer is comparing two different capital structures: An all-equity plan (Plan I) and a levered plan (Plan II). Under Plan
    9·1 answer
  • What is an advantage of selling consumable items
    12·2 answers
  • Procter &amp; gamble's tide laundry detergent has a predominant share of the detergent market in the united states. It makes $4.
    7·1 answer
  • Polar Industries makes refrigerators. Polars management wants to market refrigerators to students in dorm rooms and small apartm
    15·1 answer
  • A young couple living in rural west-central Missouri heard about the closing of a local grocery store. Although a small operatio
    9·1 answer
  • IN POKER IS IT - 9 - 10 - J - Q - K ??? Or is it 9,10,j,K,Q ??? Or does it matter
    9·2 answers
  • \On January 1, year 4, Purl Corp. purchased, as a long‐term investment, $500,000 face value Shaw, Inc. 8% bonds for $456,200. Th
    7·1 answer
  • Stazia Inc is a software company that intends to collaborate with Softron Inc, another multinational company. Steve, the chief e
    13·2 answers
  • Rex and Dena are married and have two children, Michelle (age seven) and Nancy (age five). During 2020, Rex earned a salary of $
    9·1 answer
  • Make a _____ _____ _____ before selecting the stock best suited for your project.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!