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Marrrta [24]
3 years ago
10

If the consumer price index (cpi) in year 1 was 200 and the cpi in year 2 was 215, the rate of inflation was

Business
1 answer:
skad [1K]3 years ago
6 0
The answer is 7.5 percent
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A consumer has two basic choices: rent a DVD movie for $4.00 and spend 2 hours watching it, or spend $13 for a miniature golf ga
riadik2000 [5.3K]

Answer:

Play miniature golf instead of renting the movie.

Explanation: Marginal utility is the added satisfaction derived from spending an extra unit of money.

Now we can see that the consumer values time at $12 per hour, and they'll spend a total of $24 on watching the DVD because this will take 2 hours, the consumer will also spend just $12 on miniature golf because this takes just one hour.

Now factoring the costs of the DVD and the miniature golf into the equation, we have:

Total cost of renting and watching the DVD:

$4 + $24 = $28

Total cost of playing miniature golf:

$13 + $12 = $25

We can see that the consumer will spend less in playing miniature, while getting the same marginal utility with the other option.

3 0
3 years ago
Suppose in the spot market 1 U.S. dollar equals 1.3750 Canadian dollars. 6-month Canadian securities have an annualized return o
myrzilka [38]

Answer:

$1 = 1.372 CD

Explanation:

Spot rate, 1$ = 1.3750  Canadian dollars

Canadian securities annualized return = 6%

U.S. securities annualized return = 6.5%

Term = 6 month ≅(180 days)

Forward exchange rate in 180 days, 1$ = Spot rate * (1+US rate*6/12) / (1+CD rate*6/12)

= 1.3750 CD * (1 + 6%*6/12) / (1 + 6.5%*6/12)

= 1.3750 CD * (1 + 0.03) / (1 + 0.0325)

= 1.3750 CD * 1.03/1.0325

= 1.371670702179177 CD

= 1.372 CD

So, the the U.S. dollar-Canadian dollar exchange rate in the 180-day forward market is $1 = 1.372 CD

4 0
3 years ago
The summary of important trends in retailing are​
ankoles [38]

Answer:

1 Investment in omni channel retail strategies

2 provide a personalized retail experience

3 Attend to the growing culture of immediacy

4 Expand into emerging markets and create a new channel

7 0
3 years ago
Put a joke below if I laugh you get brainiest
Vanyuwa [196]

Answer:

no no don't touch me there, no no that's my no no square. Me singing this but they declared it dead.

5 0
3 years ago
Read 2 more answers
Suppose that you want to recreate shulte's study in the great wicomico river and make nine reef complexes as shown above. you wo
anyanavicka [17]

Answer:

The best sampling protocol to be used here include <em><u>Random Sampling approach</u></em> to select sites on different reef types from several of the reef complexes.

Explanation:

Random sampling is a part of the sampling technique in which each sample has an equal probability of being chosen.

Simple random sampling is most appropriate when the entire population from which the sample is taken is homogeneous. The sample here is Oyster Density.

Another justification for the use of Random sampling is the size of the population. We are talking about nine reef complexes here. The advantages of a simple random sample include its ease of use and its accurate representation of the larger population.

Cheers!

5 0
3 years ago
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