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antiseptic1488 [7]
3 years ago
9

In 1983, one could buy a model radio-controlled airplane for $11.50 each. Those same planes are available today and the price in

creased at exactly the rate of inflation. If the CPI today is 220.5 and in 1983 was 105, what is the price of the airplane today?
Business
1 answer:
wlad13 [49]3 years ago
6 0

Answer:

The price of the airplane today is $24.15

Explanation:

In this question, we proportionate the items

Since, for the 1983 year, the price is given and the CPI for today and in 1983 is also given.  

So, the price of the airplane would be  

= CPI today × (Price in 1983 ÷ CPI in 1983)

= $24.15

We divide the 1983 price with the 1983 CPI and then multiply the CPI to get the price for today.

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Patrick and Amanda are team leaders in a small organization. Patrick does not supervise his team very closely, is always asking
Dominik [7]

Answer:

person-oriented; task- oriented

Explanation:

Patrick focusing on relationships, also mindful of what his team members think, concerned with and respects other people's ideas and feelings shows he is a person-oriented leader.

On the other hand, Amanda focusing on task accomplishment; directing work activities towards goals and ensuring all her team members are up and doing shows she is a task-oriented leader.

7 0
3 years ago
When your manager, Novak, talks about a , he means a set of interrelated parts that function as a whole to achieve a common purp
andrew-mc [135]

Answer:

A System

Explanation:

Novak is referring to a system. A system is a complex union of several interrelated parts that have different specific functions, but share a common goal, and a more or less common mechanism.

Society is a system, a computer as well. Firms are systems, they have different parts: employees, stockholders and management that have specific functions but work together toward a common goal: generating revenue.

5 0
3 years ago
on its advertisement, a company claims that it has funds in its possession that are in fact not available for payment of losses
MatroZZZ [7]

Answer:

Misrepresentation.

Explanation:

In this scenario, on its advertisement, a company claims that it has funds in its possession that are in fact not available for payment of losses or claims. The company is guilty of misrepresentation.

Misrepresentation can be defined as an untrue or misleading statement of fact made by a party to an individual or group of people to deceitfully lure or induce them to go into a contract. A company stating in its advert that it has funds in its possession but in the true sense or actual fact do not have the funds for payment of losses or claims; such a company is engaging in a fraudulent act and is liable to prosecution in any court of competent jurisdiction.

8 0
3 years ago
A licensed real estate broker who shall by choice elect to work under the name and supervision of another individual broker or a
Minchanka [31]

Answer:

Associate Real Estate Broker

Explanation:

7 0
2 years ago
Quantitative Problem 1: Hubbard Industries just paid a common dividend, D0, of $1.30. It expects to grow at a constant rate of 2
blondinia [14]

Answer:

Current price is equal to $16.575

Explanation:

It is given common dividend D_0=1.30

Growth rate = 2% = 0.02

Required rate of return = 10% = 0.1

Dividend paid in next year

D_1=D_0(1+g)=1.30\times 1.02=1.326

Current price is given by P_0=\frac{D_1}{R_e-g}

P_0=\frac{1.326}{0.1-0.02}=16.575

Therefore current price is equal to $16.575

6 0
2 years ago
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