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2 years ago

2. In 2016; the cost of a market basket of goods was $2,000. In 2018, the cost of the same market basket of goods was

Business

1 answer:

GREYUIT [131]2 years ago

7 0

Answer:

105

Explanation:

base year = 2016

cost of market basket of goods in base year = $2,000

CPI for base year = 100

year 2018

cost of market basket of goods in 2018 = $2,100

CPI for 2018 = (cost of basket of goods in 2018 / cost of basket of goods in base year) x 100 = ($2,100 / $2,000) x 100 = 105

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When a sales job is being filled by an untrained individual, the job specifications list will most likely include ________ as a

AlexFokin [52]

When a sales job is being filled by an untrained individual, the job specifications list will most likely include __<u>E) personality traits</u>___ as a way to predict which candidate will perform the job well.

<h3>What are personality traits?</h3>

Personality traits are some characteristics or qualities associated with individuals. Some of the personality traits include extroversion, agreeableness, openness, conscientiousness, adaptability, and neuroticism.

<h3>Answer Options:</h3>

A) age and gender

B) length of previous service

C) past job performance

D) relevant certification

E) personality traits

Thus, since the individuals involved are not trained, the most important factor to consider is not age, gender, previous service, past job performance, or relevant certification, but <u>E) personality traits.</u>

Learn more about personality traits here: brainly.com/question/10082381

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2 years ago

Of course, these engineering controls will cost $33,000 dollars. This is compared to a continuing hearing conservation program t

ra1l [238]

Answer:

Explanation:

As the loan amount is gradually written off by the cost saved , the interest saved is also considered

P= ( 1+ R)^n

F = 9,000

R = 5% , 0.05

Loan amount - $33,000

N=Number of years

Year 1 = 9000( 1+0.05)^-1= 8,571.43

Year 2 =9000(1+0.05)^-2 = 8,163.27= 16.734.70

Year 3= 9000(1+0.05)^-3= 7,774.54 = 24,509.24

Year 4 = 9,000(1+0.05)^-4= 7,404.32= 31,913.56

Year 5 = 9,000 (1+0.05)^-5= 7,051.74= 38,965.3

Payback period is 5 years.

The company has the option of $33,000 for a control that will be repaid over five years period or a continuing hearing conservation program that would have paid ($9,000*5) $45,000 for the five years.

Comparing the two option , The Engineering control is a cheaper option and even with benefits that will outlast the continuing hearing program.

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2 years ago

A first step toward understanding organizational markets is recognizing the differences between industrial, reseller, and govern

zaharov [31]

Answer: True

Explanation:

To understand organizational markets, one must first realize that there are three main types of them: Industrial, reseller and government.

Industrial markets enable businesses to transact with each other. They trade raw materials and other goods to each other and process them to finished goods.

The reseller market does not involve any processing but rather firms buying from one and selling to another as middlemen.

The last market is the Government market. Any arm of government that purchases goods and services fall here including at local, state or federal level.

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2 years ago

Suppose the number of firms you compete with has recently increased. You estimated that as a result of the increased competition

marysya [2.9K]

Answer and Explanation:

An increase in the number of firms increases the demand elasticity. As the demand elasticity increases from 2 to 3 it means you could encounter less demand if product prices are increased. At a demand elasticity of -3, it is regarded as inelastic demand and a change in price will not affect the demand for the product as customers are still likely to patronize the product example gasoline. Due to its high demand, an increase in price will not readily affect the demand for it. Therefore if you are to change the price from $10 at 2 to 3 demand elasticity increase, the percentage of increase from 2 to 3 is given as.

3-2/2 X 100 = 50%

The new charge (x) at -3 demand elasticity = 50%/3 = 0.66666666

The increase in the new charge is therefore $10 + $10x = $10 + $10(0.166666) = $11.67

3 0

2 years ago

Management can make any form of distribution to the firm’s shareholders using the company’s free cash flow (FCF). The underlying

vovikov84 [41]

Answer:

A good use of free cash flow is to Invest in nonoperating assets

Explanation:

Free cash flow (FCF) is a measure of how much cash a business generates after accounting for capital expenditures such as buildings or equipment. This cash can be used for expansion, dividends, reducing debt, or other purposes.

If the underlying objective is to maximize shareholder wealth by increasing the firm’s value. Any use of FCF that negatively affects the firm’s value is not considered a good use of the FCF.

A good use of FCF would be to invest in nonoperating assets such as marketable securities, investments in other companies, etc.)

3 0

2 years ago