1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
taurus [48]
2 years ago
6

Gilberto manages a grocery store in a country experiencing a high rate of inflation. To keep up with inflation, he spends a lot

of time every day updating the prices, printing new price tags, and sending out newspaper inserts advertising the new prices. His employees regularly deal with customer annoyance over the frequent price changes. This is an example of the of inflation.
Business
1 answer:
Stells [14]2 years ago
3 0

Answer:

Menu Costs

Explanation:

From the question we are informed about Gilberto who manages a grocery store in a country experiencing a high rate of inflation. To keep up with inflation, he spends a lot of time every day updating the prices, printing new price tags, and sending out newspaper inserts advertising the new prices. His employees regularly deal with customer annoyance over the frequent price changes. This case is an example of the of Menu Costs inflation.

In domain of economics, menu cost can be regarded as the cost to a firm that results due to changing its prices. When there is high inflation, firms needs to often make a change to their prices ,so they can keep up with economy-wide changes. The name arised out of the cost of a printing new menus of a restaurants , but it is used by economists when they are generally referring to the costs of changing nominal prices

.

You might be interested in
In a finance lease:
Maslowich

Answer:

A) the lessee records an asset and a liability for the present value of lease payments.

Explanation:

In a finance lease, the lessee business must estimate the present value of its obligations under the lease contract (using the lease's interest rate as the discount rate) and record it in the balance sheet as:

  • a debit entry under the fixed asset account
  • a credit entry under the capital lease liability account
7 0
3 years ago
Which of the following describes a self-managed team?A. Workers are trained to do all or most of the jobs in the unit.B. Workers
Oksanka [162]

Answer:

A. Workers are trained to do all or most of the jobs in the unit

Explanation:

A self-managed team is a group of employees that's responsible and accountable for all or most aspects of producing a product or delivering a service. Traditional organizational structures assign tasks to employees depending on their specialist skills or the functional department within which they work

7 0
3 years ago
Ethan considered three important attributes when deciding where he would do his banking: the convenience of the location, hours
sineoko [7]

Answer:

<em>c. evaluative criteria </em>

Explanation:

Evaluative criteria are <em>when a consumer chooses a different product because of factors like value, cost, and functionality from the one they initially had in mind. </em>

It could take a little while for certain consumers to study and explore different goods before they purchase.

While some, just before they purchase, can make the decision automatically.

4 0
3 years ago
LO 3 Chad's Chocolates is considering the purchase of a new candy press. The machine under consideration costs $17,550 and would
devlian [24]

Answer:

B) $(1,813)

Explanation:

Initial investment = 17,550

Annual cashflows = 2,650

Terminal Cashflow = 500

You can solve for NPV using financial calculator with the following inputs;

CF0= -17,550

C01 = 2,650

F01 (Frequency) = 19

C02 = 2,650 + 500 = 3,150

I=16%

Net present value; NPV = -1,812.879 or -1,813 rounded off to the nearest whole number.

4 0
3 years ago
What seems to be the prevailing opinion about enterprise clouds
aleksley [76]
It's used by almost everyone 
6 0
3 years ago
Other questions:
  • Is the externality positive or negative? Explain. Identify the socially optimum output. Explain how you determined your answer.
    7·1 answer
  • Joseph runs a popular cafeteria chain. He currently has three branches in the city. He plans to enter a franchise contract with
    9·1 answer
  • The B-52 is an aircraft used by the U.S. military in armed conflict. Based on this information, what kind of good is a B-52 airc
    7·1 answer
  • Irene enjoys problem solving and figuring out how things work. In her workplace, when there are technical issues, many of her co
    6·2 answers
  • True or False: An interest-bearing account is an account that generates interest income on the available balance in the account.
    15·1 answer
  • Analysis of Receivables Method At the end of the current year, Accounts Receivable has a balance of $420,000; Allowance for Doub
    12·1 answer
  • 14 Select the correct answer. Which marketing strategy is the most effective in the modern era? O A relationship marketing B. ma
    8·1 answer
  • What may happen if your job does not require you to use the aptitudes you possess?
    12·2 answers
  • Mathematics for Business and Finance
    8·1 answer
  • an alcohol server must complete an which is considered to be an administrative penalty that may be imposed by the abc? a. jail t
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!