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
Alik [6]
3 years ago
13

The consumer price index (CPI) for a given year is the amount of money in that year that has the same purchasing power as $100 i

n 1983. At the start of 2015, the CPI was 234.1 Write a formula for the CPI as a function of t years after 2015, assuming that the CPI increases by 2.3% every year.
Business
1 answer:
mr Goodwill [35]3 years ago
5 0

Answer:

CPI (n) = 234.1 x 1.023ⁿ

Explanation:

Let P be an exponential function of n (time) with a base a:

Consumer price index = P₀ x aⁿ

where

P₀ is the CPI when n = 0, P₀ = 234.1

a = 1 + r (rate of increase) = 1 + 2.3% = 1 + 0.023 = 1.023

the CPI will increase as n increases

CPI (n) = P₀ x aⁿ = 234.1 x 1.023ⁿ

You might be interested in
The Vice President of Biomedics is trying to decide on the composition of a new product development team. If she chooses members
Marina86 [1]

Answer:

b. Increase in communication and coordination costs

Explanation:

Based on the information provided within the question it can be said that she will likely experience a disadvantage with an Increase in communication and coordination costs. This is mainly due to the fact that those individuals are already used to communicating and coordinating with their teams in a very specific way that they have developed through months of working together. By putting members from different divisions together they have to learn how to coordinate with one another which will take time and money.

8 0
3 years ago
Describe the abilities of someone with analytical/research skills. Somebody please help me!!!!!!!!!!!!!
Neko [114]
Somebody whose job is to provide analytics or research should always be someone who is very good at quantitative analysis.  They should be good with math and numbers, because their job is to analyze a business.  The same goes for research.  A good researcher is good at math because they have to analyze large datasets.  This person would also be pretty detail-oriented because they need to make sure that they are not making small mistakes, as small mistakes could result in poor decisions that come out of their analysis.

Does that make sense?
8 0
3 years ago
Read 2 more answers
A shift in the demand curve can be caused by a change in one of the determinants of demand.
Dominik [7]

Answer:

A- A change in the technology used by firms.

Explanation:

A change in technology can affect the demand of products and services.  It can lead to the increased demand for a certain product, reducing the demand for an older product.

With the use of technology to upgrade products and services, demand curves will continually shift, according to preferences of customers.

Technology could be used by firms to produce upgrades and newer variations of products at more favorable prices for customers  than existing products. This leads to competition and the demand for the newer device goes up since people see the new product as 'getting more for less'. A good example is computers and tablets. Tablets which could match up with the work of computers were produced at lower prices. This shifted the demand towards tablets, making computers more obsolete.

3 0
3 years ago
1) Explain in brief the creations of controlled environment for off season vegetable farming.
Orlov [11]

Answer:

1.the off season vegetable production can be obtained by different ways such as taking use of and utilise various agro climatic condition improve writing choosen adjustment of planting time making plastic tunnels polythene house and permanent glass house to provide control environmental conditions.

2the of seasonal vegetable are those vegetable which can be grown in rainy season using technology The main advantage of off season vegetable is that ensure food security for example tomato can be grown every time using a tunnel of greenhouse technology are genetically modified seed.

3 0
2 years ago
Julie has a solid work history and wants to apply for a job within her career field. What is the best type of resume for her to
Evgen [1.6K]
It would be,
<span>chronological</span>
7 0
3 years ago
Read 2 more answers
Other questions:
  • When don was faced with the problem of fixing the faucet in his kitchen, he suddenly realized that he didn't have to hire a cost
    8·1 answer
  • At the profit maximizing level of employment, the wage rate is _____ and the level of employment is _____: w3; q1 w2; q2 w1; q1
    8·1 answer
  • Tano issues bonds with a par value of $180,000 on January 1, 2016. The bonds' annual contract rate is 8%, and interest is paid s
    9·1 answer
  • Over a decade ago, survivor premiered as a nighttime reality tv show during the summer season when tv ratings are normally low a
    6·1 answer
  • Mark receives an email from his bank asking him to update and verify his credit card details. He replies to the mail with all th
    10·1 answer
  • Using the income statement method for accounting for uncollectible accounts, a company estimates that 2.5% of credit sales will
    8·1 answer
  • A company's fixed operating costs are $430,000, its variable costs are $2.10 per unit, and the product's sales price is $6.00. W
    12·1 answer
  • Expenses that support the overall operations of a business and include the expenses relating to accounting, human resource manag
    7·1 answer
  • A company uses the weighted-average method for inventory costing. At the end of the period, 16,000 units were in the ending Work
    6·1 answer
  • Freee brainly pointssssssssssssssssssssssssssssssssssssss yayayayayayayayayayayayayayayayay wowowowowowowowowowowowowowowowowowo
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!