Answer:
d. Consumer price index
Explanation:
Consumer price index in any country consists of goods and services that are used in day to day activities by consumers e.g. daily food items, utilities, transportation etc. The index is used to measure the increase in weighted average prices of the constituents over a particular time.
Option A is price index for producers that measures the increase in price of goods and services that are typically used by different producers for their output.
Option B is an analysis that is used to assess the trends of any economy. This analysis is performed by government economists, officials and government to make informed decisions about future actions. Individuals have no use of the index.
Option C Gross domestic product (GDP) deflator is a price adjustment to GDP of current year to depict the actual growth in value of goods and services produced in a particular year. GDP deflator is a reduction of inflation rate from nominal rate of increase in GPD.
Answer: $1,193,838.80
Explanation:
The price of a bond is the sum of the present value of the coupon payments and the face value at maturity.
= Present value of coupon payments + Present value of face value at maturity
First adjust the variables for semi-annual:
Number of periods = 5 * 2 = 10 semi annual periods
Coupon payment = 8% * 1,100,000 * 1/2 years = $44,000
Yield = 6% / 2 = 3%
Present value of coupon payments:
The coupon payments are constant so are an annuity:
= Annuity * Present value of an annuity factor, 10 periods, 3%
= 44,000 * 8.5302
= $375,328.80
Present value of face value
= 1,100,000 * Present value of 1, 3%, 10 periods
= 1,100,000 * 0.7441
= $818,510
Selling price:
= 375,328.80 + 818,510
= $1,193,838.80
<span>When a monopolist switches from charging a single price to perfect price discrimination, it reduces the consumer surplus. Consumer surplus is defined as the difference between what a consumer believes they should pay for a good or service and the total amount that they actually do pay. The amount they pay is known as the market price and what they are willing to pay is noted on the demand curve. </span>
Answer:
Variable inputs;Fixed inputs
Explanation:
Based on the information given In the short run, these workers are VARIABLES inputs, and the ovens are FIXED inputs reason been that we were told that her decision as regards to how many workers to use often vary from week to week due to the fact that her workers are students which means that her workers can often be changed which was why it was regarded as VARIABLE INPUTS while ovens on the other hand are considered to be FIXED INPUTS reason been that we were told that she cannot change the number of ovens which she uses in her production of pizzas due to the fact that her kitchen cannot contain more than four ovens which means that the number of oven cannot be my changed which was why they are regarded as FIXED INPUTS.
The free-rider problem a<span>rises when people realize they will still receive the benefits of a good whether they pay for it or not.</span>
