The market basket for the consumer price index has two products, bread and milk, with the following values in 2013 and 2018 for price and quantity: Base Year (2013) 2018 Product Quantity Price Price Milk 50 $1.20 $1.50 Bread 100 1.00 1.10 <u>The Consumer Price Index for 2018 equals (A) 116</u>
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Explanation:
The market basket for the consumer price index has two products, bread and milk, with the following values in 2013 and 2018 for price and quantity: Base Year (2013) 2018 Product Quantity Price Price Milk 50 $1.20 $1.50 Bread 100 1.00 1.10 <u>The Consumer Price Index for 2018 equals (A) 116</u>
The CPI is a statistical technique that estimate or make use of the prices of a sample of representative items and these prices are collected periodically.
The Consumer Price Index (CPI) is index which is used to examine the weighted average price of consumer goods and services basket , which includes transportation, food, and medical care and is calculated by taking price changes for each item in the predetermined basket of goods and averaging them out
If carrie's company manufactures household appliances under the brand names best baker and crafty cook, as well as cleaning supplies under the names refresh and mrs. patton's cleaning supplies. this description details carrie's company's product mix.
<h3>What is product mix?</h3>
A product mix can be defined as the amount of products that are related that a company produced or manufactured under the same company brand.
Most companies tend to make use of product mix by producing items that are similar using the same company brand name for all their items just as in the given scenario in which the company produces or manufactures best baker and crafty cook under the same brand names.
One of the advantage of making use of product mix is that it enables companies to easily get to their customers.
Therefore we can cocnclude that the scenario best illustrate an example of product mix.
Learn more about product mix here: brainly.com/question/10711348
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The answer is a. a single seller
Answer:
true
Explanation:
we need to understand a couple of concepts first:
- lead nurturing: refers to developing a business relationship with potential customers based on generated leads.
- timeliness: refers to being carried out at the appropriate time
In other words, does this example show us the generation of a business relationship based on a previous lead which is carried out at the appropriate time? It still sounds a little confusing, but yes it does.
Let's put the events in order:
- first a lead was generated when a user downloaded ‘The Best Ways to Create Subject Lines for Email Newsletters.’
- Just after the user downloaded your article, you send them a follow-up piece that is related to the previously downloaded article.
No time was wasted and you immediately followed up a lead by sending more information to engage the user into a relationship with your company.
Answer:
Quantity supplied will increase
