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Mazyrski [523]
3 years ago
8

According to the Census Bureau, in October 2016, the average house price in the United States was $27,358. 6 years earlier, the

average price was $21,908. What was the annual increase in the price of the average house sold
Business
1 answer:
Natalija [7]3 years ago
4 0

Answer:

$908.33

Explanation:

The computation is shown below:

Given that

Average house price in the united states = $27,358

Before 6 years, the average price is $21,908

So, the annual increase in the price is

= (Average house price in the united states - Before 6 years, the average price ) ÷ time period

= ($27,358 - $21,908) ÷ 6 years

= $908.33

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"A company has a defined benefit pension plan for its employees. On December 31, year one, the accumulated benefit obligation is
tester [92]

Answer:

$6,100

Explanation:

Data given in the question

Accumulated benefit obligation = $45,900

Projected benefit obligation = $68,100

Fair value of the plan assets = $62,000

So, by considering the above information, the benefit plan recognized is

= Projected benefit obligation - fair value of the plan assets

= $68,100 - $62,000

= $6,100

Hence, the accumulated benefit obligation is ignored

7 0
3 years ago
How important is the environment to the performance of airlines in the airline industry? What does this suggest regarding the in
Leni [432]

Answer:

External and internal environment is very important to the performance of airlines in the airline industry.

The industrial organization (I/O) model suggests that environments is the key point for firms to earn above-average returns.

Explanation:

The airlines´ external and internal environments analysis is important because it is the first step in developing the frim´s strategic management process.

This analysis will establish the firm´s resources availability and capability, along with the core competencies looking forward setting commitments, making decisions, and taking actions aiming to reach competitiveness and to earn above-average returns.

The industrial organization, or I/O model, suggests that the  external environment is the key of a firm’s strategic actions as firms use the sources information of these continuously evolving "strategic inputs" to develop its vision  and mission and to formulate its strategy to respond to the challenging landscape brought by globalization and the resulting economy featuring rapid technological changes, and achieve strategic competitiveness and above-average returns.

6 0
4 years ago
In an imaginary economy, consumers buy only hot dogs and hamburgers. The fixed basket consists of 10 hot dogs and 6 hamburgers.
aksik [14]

Answer:

The correct option is option D which is When 2006 is chosen as the base year, the inflation rate is 50 percent in 2007.

Explanation:

For the fixed basket, the price is 2006 is given as

Basket Price =$3*10+$5*6=$30+$30=$60

Now the price of basket in 2007 is given as

Basket Price=$5.40*10+$6*6=$54+$36=$90

Now as the inflation rate is given as

Price in 2007/Price in 2006=$90/$60=1.5

this indicates that the prices have become 1.5 times or have increase 50% Thus the inflation rate is 50%

3 0
3 years ago
The service sector has lower productivity improvements than the manufacturing sector because: the service sector uses less skill
ser-zykov [4K]

Answer:

The correct answer is letter "C": services usually are labor-intensive.

Explanation:

A labor-intensive industry requires large amounts of human labor to make its goods or services. In labor-intensive industries, labor costs are more important than capital costs. Technological advances have rendered fewer industries labor-intensive but many remain including <em>hospitality, agriculture, </em>and <em>mining industries</em>.

5 0
3 years ago
Eye and face protection selected for employee must clearly identify the:.
Lesechka [4]

Answer:

Manufacturer  

Explanation: Hope this helps<3

8 0
3 years ago
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