The inflation rate was 5.9 percent between the first and second years, and 8.3 percent between the second and third years. Hence, A is the correct option.
When we compare the values for any two periods or locations it reveals the average change in prices between the two periods or the average difference in prices between locations, the price index is a measure of relative price changes.
Take the Market Basket's price for the interest-bearing year, divide it by the Market Basket's price for the base year, then multiply the result by 100 to get the Price Index.
Price indices typically pick a base year and set that year's index value to 100. As a proportion of that base year, every other year is expressed. Let 2000 serve as the basis year in this illustration: In 2000, the index's initial value was $2.50; since $2.50/$2.50 = 100%, the index's current value is 100.
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Answer: IT WOULD BECOME $2,515 because of the percentage that add.
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Answer:
120 gizmos.
Explanation:
We have been given that the weekly profit of a company is modeled by the function 
. The weekly profit, w, is dependent on the number of gizmos, g, sold. The break-even point is when 
.
To find the number of gizmos the company must sell each week in order to break even, we will substitute in profit function as:
Now, we will use quadratic formula to solve for g.
We will take the larger value for the number of gizmos.
Therefore, the company must sell 120 gizmos each week in order to break even.
Answer:
"$25" i.e., Option c (Just above $15) is the correct answer.
Explanation:
English auctions vary from certain auctions seeing as how the auctioneer proceeds to bid at both the cheapest price appropriate to the seller and therefore only allows buyers should bid larger than the corresponding highest bidder. Increasing bidder seems to have an ability to look at other offers and amend his rather than her bid.
- For both the highest bidder, the competition ends with either the product being offered to the very last bidder. The winner simply spends a marginally higher amount now than the 2nd greatest bidder's valuation.
- An English auction is organized by Katy. She would hope to be allowed to make $25 from the auction whether she calculates her bidders' prices would be $2, $4, $10, $15 as well as $25 since this represents the highest price.
Some other options offered really aren't relevant to either the situation described. So, the solution is indeed the right one.
Answer:
C. Adding the desired ending inventory of raw materials to the raw materials needed to meet the production schedule and subtracting the beginning inventory of raw materials.
Explanation:
In a budget workflow for raw materials, the relationship between the opening balance, purchase, requirement for production and ending balance may be stated as
opening + purchases - required = closing balance
Hence the raw materials to be purchased
purchases = closing balance + required - opening
C. Adding the desired ending inventory of raw materials to the raw materials needed to meet the production schedule and subtracting the beginning inventory of raw materials.
