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Ivenika [448]
3 years ago
7

Which of these contains data that identifies a product?

Business
1 answer:
zmey [24]3 years ago
6 0

Answer:

A. UPC

Explanation:

A UPC is an acronym for universal product code. UPC is typically used for the identification of a specific product and its manufacturer (vendor) through a unique code that is printed on the product.

Basically, a universal product code (UPC) comprises of two (2) main parts;

  • A machine-readable barcode that contains sets of vertical black lines.
  • A unique twelve (12) digit number placed beneath or adjacent to the machine-readable barcode.

The first six-digits of the UPC represents the manufacturer and is printed on all of its products while the next five-digits is the product's unique reference number (item number) and the last digit is typically known as a check digit, used for the verification of the authenticity of a UPC.

Generally, the universal product code are usually scanned with a barcode scanner and this makes it easier to identify a product, as well as its price.

<em>Hence, a universal product code (UPC) contains data that identifies a product. </em>

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At the time of Elise’s 20 year high school reunion she was earning $50,000 and the CPI was 80. Now that it is time for her to at
babunello [35]

Answer:

Her real income has decrease by  $7,333.33

Explanation:

<em>Real income is the amount of goods and services that a give amount of quantity money can purchase. It is also known as the purchasing power of money.  </em>

To determine if there has been a change in her real income, we will compare her real income 20 years ago to her real income 5 years later. This will be done as follows;

Step 1

Determine her real income 5 years after her last reunion

Real income in current year = (CPI in base year/CPI in current year ) × Nominal income

                     = (80/150)× 80,000

                    =   $42,666.67

Step 2

Determine change in real income

Her real income has decrease by  $7,333.33. This is difference between her real income 5 years ago and now. That is $50,000 -  $42,666.67.

Tis implies she cannot purchase as much as she could 5 years ago because of inflation.

3 0
3 years ago
The idea that the money supply does not affect real economic variables is called:________
Sergio [31]

Answer:

The correct answer is letter "B": monetary neutrality.

Explanation:

Austrian economist Friedrich A. Hayek (1899-1992) referred to monetary neutrality as a theory that states the changes in the money supply do not affect the <em>prices of goods, services, wages but no the economy as a whole</em>. According to Hayek, printing more money could increase the demand affecting some economic variables (such as the mentioned above), but in the long run, it does not have a relevant impact.

3 0
3 years ago
Lola is a purchasing agent for her company. She has just submitted a purchase order to the supplier. What step in the purchasing
KiRa [710]

Answer:

Co-ordinate shipping with the supplier.

Explanation:

A purchase order is a document from a customer to the business entity, instructing them to supply the customer with the goods specified in the document.  By sending out the purchase order, Lola has given instructions to be supplied with the specified goods.

Lola should prepare to receive the goods from the supplier. She should contact the supplier and make arrangements on how the goods will be delivered.

5 0
3 years ago
Suppose that a government that is skeptical of efforts to regulate prices charged by private companies is nevertheless concerned
Mariana [72]

Answer: Option B -- Turn the company into a public enterprise.

Explanation: Public enterprise can be defined as the type of organization, establishment or business that is fully or partly owned by the government but controlled by the public body/authority. Therefore, if the government wants to regulate the price of private company, which is duly imposed on the consumer, it's a must they go for public enterprise by turning the company into a public enterprise.

8 0
3 years ago
4. An investment offers $10,000 per year for 20 years. If an investor can earn 6 percent annually on other investments, what is
telo118 [61]

Answer:

PV= $114,699.21

Explanation:

Giving the following information:

Annual payment= $10,000

Number of years= 20

Interest rate= 6%

<u>To calculate the present value, we need to use the following formula:</u>

PV= A*{(1/i) - 1/[i*(1 + i)^n]}

A= annual payment

PV= 10,000*{(1/0.06) - 1 / [0.06*(1.06^20)]}

PV= $114,699.21

8 0
3 years ago
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