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
Ludmilka [50]
3 years ago
6

Which of the following, if true, would illustrate why price indexes such as the CSPI might overstate inflation in the cost of go

ing to college? Check all that apply. The quality and design of calculators improved dramatically from 2017 to 2019. For example, calculators made in 2019 accept memory cards, whereas those made in 2017 do not, but this quality change is hard to measure. A new, safe method of memory enhancement became available for purchase. Professors required each student to buy 10 textbooks, regardless of the price. As the price of textbooks increased, more and more students turned to the used-book market or chose not to buy textbooks at all, instead using the copies on reserve in the library.
Business
1 answer:
erik [133]3 years ago
7 0

Answer:

- The quality and design of calculators improved dramatically from 2017 to 2019.

- A new, safe method of memory enhancement became available for purchase.

- As the price of textbooks increased, more and more students turned to the used-book market or chose not to buy textbooks at all, instead of using the copies on reserve in the library.

Explanation:

Remember, regarding the prices for the textbooks the factors of demand applies that is why when prices increase, it might result in an overstating; which means inflation in the cost of going to college.

Also, just as improvements in the memory of calculators involves additional expenses, it results in inflation. Overall, all these circumstances can result in such inflation.

You might be interested in
The foreign exchange market is a market for converting the currency of one country into that of another country.
3241004551 [841]

Answer:

a. True

Explanation:

The foreign exchange market is a market for converting the currency of one country into that of another country.

For example, the conversion of dollars of the United States of America can be converted into naira (Nigeria) at the foreign exchange market.

Efficient market school is the market school which argues that forward exchange rates do the best possible job for forecasting future spot exchange rates, so investing in exchange rate forecasting services would be a waste of time because it is impossible to have a consistent alpha generation on a risk adjusted excess returns basis as market prices are only affected by new informations.

The efficient market school also known as the efficient market hypothesis (EMH) is a hypothesis that states that asset (share) prices reflect all information and it is very much impossible to consistently beat the market.

Also, forward exchange rates are exchange rates controlling foreign exchange transactions at a specific future date or time.

4 0
2 years ago
One of the most important features of the franchise contract is the provision related to
DanielleElmas [232]
The right answer for the question that is being asked and shown above is that: "a. the sale or transfer of the franchise to a government entity." One of the most important features of the franchise contract is the provision related to <span>a. the sale or transfer of the franchise to a government entity.</span>
6 0
3 years ago
Sabv Corporation's break-even-point in sales is $840,000, and its variable expenses are 75% of sales. If the company lost $34,00
zhuklara [117]

Answer:sales must have amounted to:$704,000

Explanation:

Contribution ratio = Sales ratio - Variable cost ratio

= 100%- 75%

=25%

Sales to break even = Fixed expenses / Contribution margin ratio

Therefore,

 Fixed expenses = Sales to break even   x  Contribution margin ratio

=$840,000 x 25%

=$210,000

Contribution margin can also be calculated as

Fixed expenses- Operating loss

=$210,000 -$34,000

=$176,000

Sales = Contribution margin/ Contribution ratio

= $176,000/25% =$704,000

5 0
2 years ago
16) When supply is fixed or the product is unique, then price is A) supply determined. B) demand determined. C) government deter
Rudiy27

Answer: B) demand determined.

Explanation:

If the supply of a good is fixed or the product is of a unique kind, the price of the good will be determined by the amount of demand for it.

Normally supply can change based on the quantity demanded which will impact prices but if the supply is definite, this means that the supply curve is inelastic and the only curve that can affect price therefore is the demand curve.

If more people demand the good, it will increase in price and if less people demand it, it will fall in price.

3 0
3 years ago
Regina is looking to start a knitting business and completes a target market profile to include in her business plan. Identify w
mojhsa [17]
In order to get the item and recategorizing it Regina needs to have in mind the Demographics it means facts about the economic status of the people, Geographics which means where customers live, Psychographics which means to determine the people's attitudes and beliefs and the Buying Patterns which means how they use their money. With that in mind you can see which item is not related<span>
</span>
6 0
3 years ago
Other questions:
  • C&amp;A purchases fertilizer for its lawn-care business from a supplier who charges $30 per order and $50 per case. Each case co
    5·1 answer
  • Bill operates a proprietorship using the cash method of accounting, and this year he received the following: $170 in cash from a
    12·1 answer
  • A garment manufacturing company makes 380,000 articles per year. Each article takes 95 minutes of direct labor at the rate of $9
    15·1 answer
  • Which statement concerning process cost accounting is correct?  
    8·1 answer
  • g Bumblebee Company estimates that 379,500 direct labor hours will be worked during the coming year, 2020, in the Packaging Depa
    13·1 answer
  • Garden World uses the retail method to estimate its monthly cost of goods sold and month-end inventory. At May 31, the accountin
    12·1 answer
  • Define uncertainty. What are some of the basic causes of uncertainty in engineering economy studies?
    14·1 answer
  • What procedures must be described in an agreement called an assurance of compliance with a us?
    7·1 answer
  • a segregation of duties among employees always eliminates the possibility of collusion. group of answer choices true false
    13·1 answer
  • discuss with the accounts payable supervisor whether any amounts included on the accounts payable list are due to related partie
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!