Answer:
A.overstate; substitution
Explanation:
Consumer Price Index (CPI): is a measure that examines the weighted average of prices of consumer goods and services, such as transportation, food, and medical care. It is calculated by taking the average of the price changes for each item in the predetermined goods. Changes in the CPI are used to assess price changes associated with the cost of living therefore the CPI is used economist for identifying periods of inflation or deflation.
when we say the CPI overstate inflation; it is because of:
Substitution bias (when the price of a product in the consumer basket increases substantially, consumers tend to substitute lower-priced alternatives; Therefore, it tends to overstate inflation due to a lack of accountability
) and;
Quality bias (over time, technological advances increase the life and usefulness of products).
Answer:
a. 480
Explanation:
The computation of the economic order quantity is given below:
= 480 units
The carrying cost could be determined below:
= $4 × 25%
= $1
hence, the carrying cost is $1
Therefore the economic order quantity is 480
Thus, the correct option is a.
Answer:
c. When held in isolation, Stock A has more risk than Stock B
Explanation:
Beta is the measurement of Company`s business risk. Therefore, a higher beta shows a higher risk and a lower beta shows lower risk.
Option E. All of the following of the following are part of being straightforward when servicing a customer. Customer service is the assistance or support you render your customers — both before and after they buy and use your products or services — which assists them have an easy, enjoyable experience with your brand. But customer service is more than solving a customer's problems and closing tickets.
<h3>Who is a customer?</h3>
In sales, commerce, and economics, a customer is the recipient of a good, service, product or an idea. Customer receives goods and services obtainable from a seller, vendor, or supplier via a financial transaction or exchange for money or some other valuable consideration.
Therefore, the correct answer is as given above
learn more about customer's service: brainly.com/question/1286522
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The complete question goes thus:
Which of the following are part of being straightforward when servicing a customer?
A. Respond in a timely manner
B. Respond knowledgeably
C. Communicate with customers where they are.
D. Streamline your process.
E. All of the above
Answer:
D. both a and b
Explanation:
There are 3 stages to technological change:
1. Invention - this is when new technology is created or invented.
2. Innovation - this is application of new invention
3. Diffusion - diffusion is when knowledge and use of new technology spreads. Training is one of the ways through diffusion can occur. Therefore , training is an example of technological change.
I hope my answer helps you
