4 years ago

Which is likely to have the larger effect on the CPI, a 2 percent increase in food or a 3 percent increase in diamond rings?

1 answer:

7 0

The 2 percent increase in the price of food will increase the CPI by more because theportion of the market basket consisting of food is much larger than the portion consisting of diamondrings

You might be interested in

Isabella owns 100 shares of ibm ________ stock, which means she has voting rights on company decisions at ibm, but only residual

MA_775_DIABLO [31]

She owns common stock. This allows a person to acquire dividends that change in their amount and might be missed depending on the fortunes of the company. Holding this stock allows a person to elect the board of directors and vote on corporate policy.

3 0

3 years ago

Kwok Enterprises has the following income statement. How much after-tax operating income does the firm have? Sales $2,050 Costs

tester [92]

Answer:

Sales 2,050

Costs (1,400)

Depreciation (250)

EBIT 400

Interest expense (70)

Earnings before tax 330

Tax @ 25% (82.50)

After-tax operating income 247.50

Explanation:

The after-tax operating income equals sales minus costs minus depreciation minus interest expense minus tax.

7 0

3 years ago

Coffman Electronics produces small, portable printers. The market for the product has stabilized, and Coffman has shifted produc

timurjin [86]

Answer: C. Maturing

Explanation:

The product life cycle has 4 very clearly defined stages, each with its own characteristics that mean different things for business that are trying to manage the life cycle of their particular products. This stages are Introduction, Growth, Maturing and Decline. Although, there are other conventions of this cycle/ Product stages which includes saturation before decline, or development before introduction, but for the sake of COFFMAN'S ELECTRONICS which we are considering, they are at a maturing stage.

3 0

3 years ago

The owner of a restaurant is an example of ______ while the waiter at the restaurant is an example of _____

damaskus [11]

The answer would be the last choice

5 0

3 years ago

What should I include in my short biography when applying for volunteering?

Jet001 [13]

Answer:

You should include why they should choose you and your good qualities

3 0

3 years ago