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
FinnZ [79.3K]
3 years ago
15

Select the correct answer.

Business
1 answer:
Rashid [163]3 years ago
7 0

Answer:

C. consumer price index

Explanation:

The consumer price index CPI is the index used in the USA to measure inflation. The CPI calculates changes in the weighted average prices of a basket of goods and services representing consumer expenditure in the economy. The average change in prices computed in the CPI communicates the rate of inflation.

Inflation is the average change in prices in the economy in time. The CPI measures the changes in the weighted average prices of a basket of goods and services representative of consumer spending. Therefore, the CPI measures the rate of inflation.

You might be interested in
Terrance has just signed a contract with a bank to get a loan to buy a new house. What is TRUE about this contract? A. Both the
borishaifa [10]

Answer: C. Both parties now have an obligation to their agreement.

Explanation:

When parties get into a contract, they have a legal obligation to each other to fulfill their part of the agreement or the other party will be able to seek redress in a court of law.

Terrance and the bank are now parties to an agreement to provide Terrence with a loan to buy a house. The bank will have to fulfill this obligation by giving Terrence the loan and Terrence will fulfill his side of the agreement by making payments as stipulated in the loan covenant.

5 0
3 years ago
A group of products within a product class that are closely related because they perform a similar function, are sold to the sam
solniwko [45]

Answer:

Explanation:

Product Line

A product line represents related products under a single brand name produced, grouped and sold by the same company. Organisations use product lines to keep and expand their consumer base by adding products that will appeal to their customers in the same line of products which they are familiar with.

A consumer will always be motivated to buy a complete kit of products in a product line to take care of similar issues such as skin care, face care among others rather than buying different products from different brands to make up a complete kit.

Most product lines are marketed in groups and are placed together to appeal to customers. Specifically, organisations know that consumers will be willing to test new products that are part of the same product line they have known and are used to.

3 0
3 years ago
During September at Renfro Corporation, $65,000 of raw materials were requisitioned from the storeroom for use in production. Th
horrorfan [7]

Based on the amount of raw materials requisitioned, the journal entry to debit the Manufacturing Overhead would be $4,000.

<h3>What amount would be debited to manufacturing overhead?</h3>

The manufacturing overhead is for expenses that are not directly involved in the manufacturing process.

This is why it is the indirect material amount of $4,000 that will be debited to the manufacturing overhead account.

Find out more on manufacturing overheads at brainly.com/question/13312583.

#SPJ12

7 0
2 years ago
Peter Parker, the HR vice-president of a well-known IT firm, called his team members for a meeting to discuss the measures to be
NikAS [45]

Answer:

groupthink

Explanation:

In team discussions and debates, groupthink is a common phenomenon where team members tend to agree with others without a constructive discussion filled with arguments. It is very common when an authoritative person (manager) is leading the discourse of discussion.

In this example, the reached consensus is an example of groupthink, since the team members did not critically evaluate the troublesome issue.

8 0
3 years ago
2 brothers, Joe and Bob get equal dollar amounts of securities as a gift. Joe immediately sells his securities and deposits the
raketka [301]

Answer:

Opportunity cost

Explanation:

The opportunity cost Bob's brother Joe $20,000. Remember, the term Opportunity cost refers to the cost (loss in this context) incurred when one forgoes an alternative best option–holding them in a brokerage account, in place for a less beneficial one.

Thus, Bob chose the best alternative over his brother.

8 0
3 years ago
Other questions:
  • A product sells for $200 per unit, and its variable costs are 65% of sales. the fixed costs are $420,000. what is the break-even
    13·1 answer
  • Imagine you are planning a local arts festival on a low budget, How would you market this event
    6·2 answers
  • What should a manager ideally do after implementing a solution to a given work-related problem?
    5·2 answers
  • The following transactions are for Oriole Company.
    8·1 answer
  • 2. Think of a real or made up but realistic example of a speculative risk that you or someone you know may face, and then answer
    12·1 answer
  • If Sam invested $3,000, earning $300 over six months, his principal is _____. six months $300 $3,000 $3,300
    14·1 answer
  • Zhou owns a nonrental business with two separate departments. Department A generates net income of $70,000, and Department B gen
    13·1 answer
  • Samantha believes in interference theory. What does she MOST likely believe? A. Past information can get in the way of learning
    8·1 answer
  • How has the u.s. fish and wildlife service positively impacted ecosystems? a. by regulating private land use b. by conserving wi
    11·1 answer
  • allen is recording payroll that was processed outside. which quickbooks function would be most useful?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!