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
IceJOKER [234]
3 years ago
14

Which of the following is the correct formula for calculating the consumer price index?

Business
1 answer:
Ludmilka [50]3 years ago
3 0

Answer and Explanation:

c. [(price of basket of goods and services in current year - price of basket in base year) / price of basket in base year ] x 100

You might be interested in
Until January 1, 2012, the price for ethanol consumers in the United States was higher than world free-market price by $0.54 per
Bad White [126]

Answer:

Specific tariff

Explanation:

Specific tariff - it is referred to as the charge that is imposed by the US government on any imported item. it is applied per unit items. it can be considered as the tax that the US government levied on import items. it is referred to as a trade barrier focus to reduce the amount of import from tie-up countries

Fir above context, $0.54 as import tax is applied by the US government on imports of ethanol.

8 0
3 years ago
In a homogeneous-good Cornet model where each of the n firms has a constant marginal cost m and the market demand curve is p = a
Jlenok [28]

Answer:

Q=nq=\frac{n}{n+1}\frac{a-c}{b}

if n=1 (monopoly) we have Q^M=\frac{1}{2}\frac{a-c}{b}

if n goes to infinity (approaching competitive level), we get the competition quantity that would be Q^c=\frac{a-c}{b}

Explanation:

In the case of a homogeneous-good Cournot model we have that firm i will solve the following profit maximizing problem

Max_{q_i} \,\, \Pi_i=(a-b(\sum_{i=1}^n q_i)-m)q_i

from the FPC we have that

a-b\sum_{i=1}^n q_i -m -b q_i=0

q_i=\frac{a-b \sum_{i=2}^n q_i-m}{2b}

since all firms are homogeneous this means that q_i=q \forall i

then q=\frac{a-b (n-1) q-m}{2b}=\frac{a-m}{(n+1)b}

the industry output is then

Q=nq=\frac{n}{n+1}\frac{a-c}{b}

if n=1 (monopoly) we have Q^M=\frac{1}{2}\frac{a-c}{b}

if n goes to infinity (approaching competitive level), we get the competition quantity that would be Q^c=\frac{a-c}{b}

7 0
2 years ago
Cartels control the production and pricing of goods mainly through
Lubov Fominskaja [6]

Answer:

the elimination of competition

Explanation:

8 0
3 years ago
Your friend, Alicia, is a graduating senior about to head to college in the fall. Alicia has a single checking account and is ea
kvv77 [185]

Answer:

It is good

Explanation:

Alicia would have an easier time splitting money and saving money towards different goals. Such as putting 40% of your paycheck into savings and splitting the 40% into 10% for each savings account.

6 0
3 years ago
The listing agent received a full price offer that she faxed to the out-of-town seller. The seller signed the faxed copy, and fa
ExtremeBDS [4]

Answer: Yes contract has been formed.

Explanation: According to the Uniform Electronic Transaction Act (UETA), electronic transactions are just as binding as transactions made on hardcopy documents. Moreover signatures made electronically reinforces the validity of these elctronic documents.

In the scenario the actual signature was signed on a hard copy by the seller, but it was then faxed back to the listing agent. This faxed copy, showing the faxed signature, is an electronic document that confirms the existence of the contract in accordance with the UETA. This faxed signature is as enforceable as an ink signature.

6 0
3 years ago
Other questions:
  • Over the past two years a cloud service consumers have made 24,531 attempts to invoke a cloud service's reporting capability. of
    9·1 answer
  • The Flint Fan Corporation is considering the addition of a new model fan, the F-27, to its current products. The expected cost a
    10·1 answer
  • An interactive, Internet-enabled system that allows individual customers to design their own products by answering a few questio
    7·1 answer
  • What is the correct answer If marginal cost is rising in a competitive firm's short-run production process and its average varia
    10·1 answer
  • Marcy and Liz developed a new jewelry design. They were fortunate to get the attention of a large online retailer who was willin
    12·1 answer
  • Good Guy Foods wants to establish a trust fund that will provide $125,000 in scholarships each year for needy students. The trus
    11·1 answer
  • Willis Company made a $280,000 investment in new machinery. Assuming the company's margin is 7%, what income will be earned if t
    5·1 answer
  • Which of the following qualitative considerations may impact capital investment analysis? a.Manufacturing productivity b.Manufac
    8·1 answer
  • If foreign firms begin supplying the product, increasing the number of competitors, it is likely that:____.
    10·1 answer
  • gre ets if germany’s total tax revenue in 2000 was approximately $170 billion, approximately what was the amount of the total re
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!