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
eimsori [14]
3 years ago
6

Substitution bias is a problem when measuring the consumer price index because A) consumers are eager to buy new products as the

y are introduced, despite their lack of full information about the quality of those products until they buy and use them. B) consumers are slow to adjust their buying patterns from year to year in response to price changes. C) the introduction of new goods gives consumers access to a greater variety of products. D) prices of goods and services do not change in the same proportion from year to year.
Business
1 answer:
swat323 years ago
4 0

Answer: D

Explanation: The prices of goods and services do not change in the same proportion from year to year.

Substation bias is a situation whereby the increase in price of a particular product makes the consumer opt for another alternative which is not necessarily in the same class of product.

You might be interested in
Which of the following statements is true of comparative negligence? Group of answer choices It allows a plaintiff to claim dama
Ostrovityanka [42]

The inference illustrates that the true statement about comparative intelligence is that it compares a plantiffs fault with a defendant's and reduces the damage award proportionally.

<h3>What is an inference?</h3>

It should be noted that an inference simply means the conclusion that can be deduced from the information given.

In this case, the inference illustrates that the true statement about comparative intelligence is that it compares a plantiffs fault with a defendant's and reduces the damage award proportionally.

Learn more about inference on:

brainly.com/question/25280941

#SPJ1

3 0
2 years ago
Read 2 more answers
After the delivery of the condominium documents in the TREC Residential Condominium Contract the buyer may terminate the contrac
sweet-ann [11.9K]

Answer:

The buyer would have a 12-day option to terminate the contract. Otherwise, he or she might not have any other option than to stick to the contract. (That is, the buyer will not have the unrestricted right to terminate the contract again.)

Explanation:

7 0
3 years ago
To save for​ retirement, a student invests ​$60 each month in an ordinary annuity with 6 % interest compounded monthly. Determin
professor190 [17]

Answer:

The student invests $60 each month and the interest rate is 6%. The interest rate is compounded monthly so we will take the interest rate as 0.5% (6/12).

The number of periods will be 420 (35*12) as the payments are made every month.

The present value is 0 as he is not making any investment at the start.

We need to find the future value of these payments, and for that we need to put these values in a financial calculator

PV= 0

PMT= 60

I= 0.5

N=420

Compute FV

FV=85,482

The total accumulated amount in the students annuity will be $85,482.

Explanation:

6 0
3 years ago
The expansionary phase of the business cycle is characterized by
Leokris [45]

Answer:

<u>increasing real output and reducing unemployment</u>

Explanation:

The expansionary phase of the cycle is business characterized by the i<em><u>ncreasing real output and reducing unemployment.</u></em>

<em> Business cycle refers to that cycle in which there is increase and decrease or fall and rise of output of goods and services.</em>

<em> Business cycle has main four stages expansion ,peak , contraction and trough.</em>

The main cause of business cycle is the forces of supply and demand , expectation of future and it availability of the capability may also cause the business cycle.

Economic cycle is another name of Business cycle . Business cycle plays a crucial rule in the economy as it influence the demand of the consumer.

4 0
3 years ago
If a cost is a common cost of the segments on a segmented income statement, the cost should:_________.
worty [1.4K]

Answer:

the correct answer is

If a cost is a common cost of the segments on a segmented income statement, the costshould:A) be allocated to the segments on the basis of segment sales.

Explanation:

hope this helps u!!!

8 0
3 years ago
Other questions:
  • Atlas Corp. is considering two mutually exclusive projects. Both require an initial investment of $10,000 at t = 0. Project S ha
    11·1 answer
  • A decline in total real output for two or more consecutive quarters is referred to as
    13·1 answer
  • If a physical count of inventory indicates that the Merchandise Inventory account is​ overstated, an adjusting entry is required
    14·1 answer
  • When determining the level of control and independence of an employee or independent contractor, which category covers how the w
    9·1 answer
  • Zipcar’s goal is to have an available zipcar located within 10–15 minutes of its members. This is an example of what component o
    14·1 answer
  • Most people reject what they don’t understand because ______. a. It is too expensive to change b. It challenges their own ideas
    12·2 answers
  • Ty, the HR manager at Elrod Engines, is preparing a newly promoted employee for her role as a supervisor. In his experience, he
    7·1 answer
  • Bobby is the plant manager of one of the three manufacturing plants of a paper manufacturing company. He is responsible for sync
    11·1 answer
  • When a buyer's product is not working properly and they have a warranty, what is the first step the buyer should take to resolve
    12·2 answers
  • Employee _______________ more readily occurs when employees are informed of the change and are educated on the reason for the ch
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!