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3 years ago

If the CPI was 72.6 in 1979 and 144.5 in 1993, by what percentage did prices rise during the period 1979-1999?

Business

1 answer:

Kaylis [27]3 years ago

4 0

Answer:

99.035%

Explanation:

Data provided in the question:

CPI in 1979 = 72.6

CPI in 1993 = 144.5

Now,

The percentage by which prices rise during the period 1979-1999 will be calculated as :

= [ (CPI in 1993 - CPI in 1979 ) ÷ CPI in 1979 ] × 100%

= [ (144.5 - 72.6 ) ÷ 72.6 ] × 100%

= [ 71.9 ÷ 72.6 ] × 100%

= 99.035%

The percentage by which prices rise during the period 1979-1999 is 99.035%

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Explanation:

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Answer:

B. shifts rightward, and the point at which the PPF touches the good-X axis has to be something more than 40 units of good X and the point at which the PPF touches the good-Y axis has to be something more than 60 units

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3 years ago

There are 45 potential workers in this economy. How many people are unemployed?

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Need more info to the question

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3 years ago

Do u have a mil what would u do wit it how would u invest

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2 years ago

Rocky Mountain Corporation makes two types of hiking boots—Xactive and Pathbreaker. Data concerning these two product lines appe

insens350 [35]

Answer:

Results are below.

Explanation:

First, we need to calculate the predetermined overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 1,634,000 / 86,000

Predetermined manufacturing overhead rate= $19 per direct labor hour

Now, we can allocate overhead to each unitary product:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Xactive= 19*1.4= $26.6

Pathbreaker= 19*1= $19

Finally, the unitary cost of each product:

Xactive= 63.8 + 17.2 + 26.6= $107.6

Pathbreaker= 50 + 12 + 19= $81

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3 years ago