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2 years ago

If people bought the same market basket of goods as the average consumer again and again the:______.

Business

1 answer:

Elza [17]2 years ago

5 0

Answer:

If people bought the same market basket of goods as the average consumer again and again the: a) consumer price index (CPI) would be extremely accurate.

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An electronic firm invested $60,000 in a precision inspection device. It cost $4000 to operate and maintain in the first year an

Anon25 [30]

Answer:

$9,287.63

Explanation:

Data provided in the question:

Amount invested = $60,000

Operating cost for the first year = $4000

Operating and maintaining cost after 1 year = $3,000

Selling price = $60,000

Now,

Amount paid extra in the year 1 = $4,000 - $3,000

= $1,000

EUAC ($)

= $60,000 × A/P(10%, 4) + $3,000 + $1,000 × P/F(10%, 1) × A/P(10%, 4) - [ $60,000 × P/F(10%, 4) × A/P(10%, 4) ]

= [ $60,000 × 0.3155 + 3,000 + 1,000 × 0.9091 × 0.3155 ] - [ 60,000 × 0.6830 × 0.3155 ]

= [ $18,930 + $3,000 + $286.82 ] - [ $12,929.19 ]

= $9,287.63

5 0

3 years ago

Because the first members of the baby boom generation have now turned 50, we are likely to see a shift to more positive images o

Effectus [21]

Their vast numbers translate into economic clout and political power

7 0

3 years ago

Economics is A. the study of how unlimited resources are allocated to satisfy limited wants. B. the study of how limited resourc

Lera25 [3.4K]

Answer:

B. the study of how limited resources are allocated to satisfy unlimited wants

Explanation:

According to Professor Lord Robbins, Economics is social science which studies human behavior in relation to ends and scarce means. Economics is the study of how humans allocate limited resources to satisfy unlimited wants.

Human wants are unlimited whereas the resources available to satisfy those wants are limited and as such a scale of preference would be drawn to determine what wants are to be satisfied first.

Therefore, the right option is B. the study of how limited resources are allocated to satisfy unlimited wants.

5 0

3 years ago

True or false: Control involves developing goals and preparing various budgets to achieve those goals. True false question. True

kramer

True or false: Control involves developing goals and preparing various budgets to achieve those goals. True false question. <u>False</u>

A goal is a vision for the future or a desired outcome that an individual or group of individuals commits to envisioning, planning, and achieving. By creating deadlines, people attempt to accomplish goals within a certain amount of time.

A goal is akin to a purpose or aim, the anticipated outcome that directs behavior, or an end, which is a thing, whether it be a tangible thing or an abstract thing, that has inherent value.

To learn more about goal from the given:

brainly.com/question/1512442\

#SPJ4

8 0

1 year ago

Snoopy, Inc. records its bad debt expense on the credit sales method. Total sales during 2020 were $1,500,000, which consisted o

quester [9]

Answer:

the amount of bad debt expense for the year 2020 is $36,000

Explanation:

The computation of the amount of bad debt expense is shown below:

= Estimation of 3% net sales that would be uncollectible

= 3% of ($1,500,000 - $300,000)

= 3% of $1,200,000

= $36,000

Hence, the amount of bad debt expense for the year 2020 is $36,000

The same is to be considered

6 0

2 years ago