Answer: a. increased
Explanation:
Inflation rate = (CPI of second year - CPI of the first year ) / CPI of the first year
= (240 - 238) / 238
= 0.84%
Your wage increased by 3.5% which is more than inflation so your real wage increased by;
= 3.5 - 0.84
= 2.66%
The value of the best choice is called ' Opportunity Cost' in economics.
Answer:
In the question, we are not given information with respect to sales costs, so we can only find total gross sales:
Sales Budget fist 2 quarters of the year
Product Sales Price Sales Q1 Sales Q2 Total gross sales
XQ-103 $14 22,590 27,710 $704,200
XQ-104 $27 14,880 16,200 $839,160
$1,53,360
is a person who benefits from something without expending effort or paying for it.
