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3 years ago

7

What measures the change in prices of a basket of goods and services in a given year?

2 answers:

Bogdan [553]3 years ago

8 0

Its D or inflation.

Ive took the test and tried all the answers

Strike441 [17]3 years ago

3 0

<span>The average change over time in the prices paid by urban consumers for a market basket goods and services of consumer is measured by the consumer price index. A general increase in the cost of goods and services which also measures the change in prices of a basket of goods and services in a given year is inflation.</span>

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A suburban specialty restaurant has developed a single drive-thru window. Customers order, pay, and pick up their food at the sa

andrew11 [14]

Solution :

The average number of the arrivals, λ = 6 per hour

Average service rate, $\mu = \frac{60 \times 2}{15}$

= 8

Average number of the customers in the system is given by,

$= \frac{\lambda}{\mu - \lambda }$

$= \frac{6}{8 - 6 }$

= 3

Average number of the customers that are waiting in the line behind the person who are being served is,

$=\frac{\left(\frac{\lambda}{\mu}\right)^2}{1-\frac{\lambda}{\mu}}$

$=\frac{\left(\frac{6}{8}\right)^2}{1-\frac{6}{8}}$

$=\frac{(0.75)^2 }{0.25}$

= 2.25

Proportion of the time the server is busy,

$=\frac{\lambda}{\mu}$

$=\frac{6}{8}$

= 0.75

7 0

3 years ago

Which country use tax brackets as part of their tax system?

zmey [24]

Canada, Australia, & South Africa are all of the countries that use tax brackets as part of their tax system

8 0

4 years ago

1. The following are categories of accounts reported in the financial statements: A. Current Assets E. Long-Term Liabilities B.

kondaur [170]

Answer:

E, B, D, C, A, G, H, F

Explanation:

Bonds Payable - <em>Long-term liabilities</em>

Buildings - <em>Fixed assets</em>

Accrued Liabilities - <em>Current liabilities</em>

Intangibles - <em>Intangible assets</em>

Inventory - <em>Current assets</em>

Unearned Rent Revenues - <em>Revenue</em>; advanced paid rentals

Accumulated Depreciation - <em>Expense</em>

Retained Earnings - <em>Stockholder's equity</em>

3 0

4 years ago

How to be a successful entrepreneur?

pishuonlain [190]

Answer:

Don’t take ‘no’ for an answer

Learn from the best

Stay hungry and ambitious

Never stand still; evolve with the times

Nurture long-term business relationships

Inspire those around you

Trust your gut instinct, not just your spreadsheet

Explanation:

It takes hard work and dedication and they are many free sources that is available today such as videos

7 0

2 years ago

Read 2 more answers

What are factors of production?

Reika [66]

C: all the physical tools and equipment used in the production process. That would be the answer

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3 years ago