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
bixtya [17]
3 years ago
11

Suppose in 2016 ​, the cost of a market basket of goods was ​$1 ,958 . In 2018 ​, the cost of the same market basket of goods wa

s ​$2,107 . Calculate the price index for 2018 ​, using the price index​ formula, assume 2016 is the base year. nothing
Business
1 answer:
ikadub [295]3 years ago
6 0

Answer:

107.60

Explanation:

The formula for calculating the price index is as  below

price index = current market price/ base year price x 100%

price index = $2107/$1958  x 100

price index = 1.076098059 x 100

price index = 107.6098059  

You might be interested in
The twenty pieces of data that nielsen used to determine a solution to its employee turnover issue are classified as:_________
Zinaida [17]

We can actually deduce that the twenty pieces of data that Nielsen used to determine a solution to its employee turnover issue are classified as: HR Metrics.

<h3>What is HR Metric?</h3>

Human Resource metric is known as the HR Metric. It is a measurement that is usually used to determine the effectiveness of the initiatives of the HR.

The areas were the HR initiatives will make use of HR Metric.

  • Training
  • Cost of labor
  • Turnover
  • Expenses, etc.

We see here that the twenty pieces of data that Nielsen used to determine a solution to its employee turnover issue are classified as HR Metrics.

Learn more about Human Resource Metrics on brainly.com/question/15586049

#SPJ1

6 0
2 years ago
When giving a sales presentation to new customers, Terrance strives to convey that he is highly ethical and trustworthy and that
Alja [10]

Answer:

safety/security needs

Explanation:

Based on the scenario being described within the question it can be said that Terrance is most likely addressing the aspect of Safety needs. This level of Maslow's Hierarchy refers to the need for security and protection. Which is what Terrence is hinting at by bringing up that his products are a safe bet and that that the customers will have the security of the products performing as they are being advertised.

7 0
3 years ago
Read 2 more answers
First, spend a couple of sentences summarizing the Concepts in Action video you watched this week. Then, answer the following. I
Masja [62]

Answer with its Explanation:

Free Money means the money that has to be paid back to the money lender within a reasonable time. The money lender usually is a trader who sells his product at credit allowing his customer a reasonable period to payback. Furthermore, the free money is termed free because they are interest free lendings.

In real life, free money is can be availed by purchasing products from the suppliers if you are acting as a middle man in the distribution channel or you are a small customer and your borrowings doesn't impact the supplier. Almost all of the businesses lend free money in the form of products because allowing credit increases the sales of the organizations.

6 0
3 years ago
Zytel Corporation produces cleaning compounds and solutions for industrial and household use. While most of its products are pro
SCORPION-xisa [38]

Answer:

4,513 approx.

Explanation:

The computation of the minimum number of jars of silver polish is shown below:-

Sales revenue for one jar of silver polish    $5.60

Sales revenue for 1/4 pound of Grit 337     0.85

($3.40 ×  1 ÷ 4)

Incremental revenue from

further processing                                        $4.75

($5.60 - 0.85)

Incremental costs of further processing:

Processing costs                      $2.40

Selling costs                              $0.40          $2.80

Incremental contribution

margin from further

processing into silver polish

per jar                                                            $1.95

($4.75 - $2.80)

Point of indifference denotes the point where all options are equally profitable. But after that we will see that more processing is profitable. This is due to the fixed costs involved in further production.

Thus Minimum number of jars needed to produce to justify the further processing = Avoidable Fixed cost ÷ Incremental contribution

= $8,800 ÷ $1.95

= 4,513 approx.

8 0
3 years ago
Why might vertical systems be a business ethics issue? ?
DaniilM [7]
The answer to the question above is option C: they can result in a channel member having too much control. Firstly, we define what vertical system is. From the term itself vertical, the formation of the members is from top to bottom. Therefore, this includes the <span>producer, wholesaler, and retailer and this is where the distribution channel occurs. The reason why this kind of system is a business ethic issue is due to channel members that might have too much control because of their positions and unequal distribution of tasks. </span>
3 0
3 years ago
Other questions:
  • Franklin Co. had 10 units of an inventory item on hand at the beginning of the current year, each of which had a per-unit cost o
    9·1 answer
  • g In the discussion case, Ikea's Sustainable Cotton Supply Chain, which statement accurately describes IKEA's supply chain? a. T
    6·1 answer
  • After completing the research process, writers should include their findings by
    5·1 answer
  • Carla Vista Inc. has the following information related to an item in its ending inventory. Product 66 has a cost of $152, a repl
    6·1 answer
  • Which one of the following is a selection method that organizations can adopt to identify employees who innovate, share ideas, a
    13·1 answer
  • The deeds and actions of a producer indicate what kind of authority?
    8·1 answer
  • Your apartment gets robbed, and $1,560 worth of your belongings are gone. you have renter's insurance to cover the loss, but you
    14·2 answers
  • Etica, creatividad, compromiso, excelencia, integridad, credibilidad, pueden ser ejemplos de visiones.
    7·1 answer
  • Manager Mike offered incentives, allowed his employees to voice their opinions, and communicated positive messages. How do these
    5·1 answer
  • A(n) ________ offers members focused discussion groups, help, information, and knowledge related to an area of shared practice.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!