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bearhunter [10]
3 years ago
14

Assume the market basket for the consumer price index has two​ products, bread and​ milk, with the following values in 2013 and

2018 for price and​ quantity: Base Year​ (2013) 2018 Product Quantity Price Price Milk 50 ​$1.20 ​$1.50 Bread 100 1.00 1.10 The Consumer Price Index for 2018 equals
a. 118
b. 116
c. 86
d. 85
e. none of the above
Business
1 answer:
Gnesinka [82]3 years ago
3 0

Answer:

b. 116

Explanation:

The calculation of Consumer Price Index is shown below:-

CPI = ((Base year basket quantities × current year price) ÷ (Base year basket quantities × Base year prices)) × 100

= ((50 × $1.50) + (100 × $1.10)) ÷ ((50 × $1.20) + (100 × $1.00)) × 100

= (185 ÷ 160) × 100

= 115.6

0r 116

So, for computing the consumer price index for 2018 we simply applied the above formula.

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Gillette charges a fairly low price for their razors​ (relative to​ costs) and a high price for razor blades. they are using a s
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A. ​captive-product pricing

Gillette charges a fairly low price for their razors​ (relative to​ costs) and a high price for razor blades. they are using a strategy of​ __________ pricing.
4 0
3 years ago
On July 3, 2009, Devin purchased 100 shares of CDEF stock at a cost of $30 per share. His commission was $29. He sold his shares
vichka [17]

Answer:

$1,692

Explanation:

Data provided in the question:

Number of shares purchased = 100

Cost of stock = $30 per share

Commission = $29

Selling price per share = $45

Commission for selling = $29

Earned dividends = $2.50 per share

Now,

Total Return

= Number of Shares × (Sale Price - cost + Total dividends) - Total Commissions

or

Total Return = 100 × ($45 - $30 + $2.50) - (2 × $29)

or

Total Return = $1750 - $58

or

Total Return = $1,692

8 0
3 years ago
Consider the metaphor used in the article differentiating managerial and leadership roles (average managers play checkers, great
Jobisdone [24]

Answer:

Following are the solution to this question:

Explanation:

The metaphor of gambling, chess, and rallying related only to the degree of growing complexity and significance of different roles. In typical management needs and allocates capital, so named players. A senior executive not just uses the resource and also serves as a key motivator for both the company's so-called chess-making goals. Its successful leaders, however, not just to lead to accomplishing organizational targets, and also motivate individuals to serve a better future, and people are advised to rally to the metaphor is therefore said to have been accurate and is focused on the various positions and levels performed by the organization, thus distinguishing roles.

5 0
3 years ago
Your portfolio consists of $50,000 invested in Stock X and $50,000 invested in Stock Y. Both stocks have an expected return of 1
Nastasia [14]

Answer:

b. Your portfolio has a beta equal to 1.6, and its expected return is 15%

Explanation:

when a portfolio is given, there exist the posibility to agregate the different calculations made, this is possible using the weights of the different assets whose are part of the portfolio, so in this specifinx example the beta portfolios is calculated as  1.6*50%+1.6*50%=1.6 and the expected return is calculated using the same logic 15%*50%+15%*50%. it does not apply for deviation of the portfolio, at this point is important to see that as there is not correlation coeficient, so there will no be calculated the covariance, so at the end the standar deviation aggregated is 0%

5 0
3 years ago
Which curve shifts and in which direction when the following events occur in the domestic car market?
Nookie1986 [14]

For the following events that arise in the domestic car market:

a. Demand decrease & left.

b. Supply decrease $ left.

c. Demand decreases & left.

d. Demand decrease & Left.

a. When there is a recession, so the demand should decrease due to which the demand curve shifts to the left.

b.  When the workers go on strike the production should decrease due to which the supply decreased due to which the supply curve shifts to the left.

c. When the imported cars should be expensive so the demand should be decreased due to which the demand curve shifts to the left.

d. When the gasoline price is increased so the car's demand should be decreased due to which the demand curve shifts to the left.

Therefore we can conclude that for the following events that arise in the domestic car market:

a. Demand decrease & left.

b. Supply decrease $ left.

c. Demand decreases & left.

d. Demand decrease & Left.

Learn more: brainly.com/question/2733525

6 0
3 years ago
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