Answer:
$130
Explanation:
According to the Question above, suppose the consumer price index for 2002 is 130
Then the average price of goods and services is $130
Consumer price index(cpi) can be described as the average prices of of goods and services that consumers buy In the marker over a particular period of time. The cpi in this case study here is $130
Hmm well I would chose to write a thank you letter because it seems nice and would make a nice impression on them
I don't know exactly how to label these. I'll start from the left and go to the right. The formula for all of these questions is Sum = a(1 - r^n)/(1 - r)
Left
The complete series is 1 3 9 27 81 and just adding these as you see them, you get 1 + 3 + 9 + 27 + 81 = 121
Sample calculation
i = 1
3^(1 -1) = 1
i = 4
1 * 3^(4 - 1)=3^3 = 27 Just what the series says you should get.
Sum using formula
Sum = 1(1 - 3^5)/(1 - 3) = 1 * (1 - 243)/(1 - 3) = - 242/-2 = 121
Second from the left
Series: 3 6 12 24 48
Sum by hand = 93
Sample Calculation
i = 1
3*2^(1 - 1) = 1
i1 = 3
3 * 2^(3 - 1) = 3 * 2^2 = 3 * 4 = 12 which is what you should get.
Sum using formula
Sum = 3 (1 - 2^(5 - 1) / (1 - 2)
Sum = 3 (1 - 32) / - 1
Sum = 3(-31) / (- 1) = 93
Second from the right.
Series: 2 6 18 54
Sample Calculation
i = 1
t1 = 2* 3^(1 - 1) = 2*3^0 = 2*1 = 2
i = 4
t4 = 2 * 3^(4- 1)
t4 = 2 * 3^3
t4 = 2 * 27
t4 = 54 just as it should
Sum with formula
Sum = 2( 1 - 3^4) / ( 1 - 3)
Sum = 2(1 - 81)/ -2
Sum = 2( - 80) / - 2
Sum = 80
Entry on the right
Series: 1 2 4 8 16 32 64
Sum by hand: 1 + 2 + 4 + 8 + 16 + 32 + 64 = 127
Sample Calculation:
i = 1
2^(1 - 1) = 2^0
2 to the zero = 1
i = 6
t6 = 1( 2^6)
t6 = 1 * 2^6 = 64
Sum using the formula: 1*(1 - 2^7)/(1 - 2) = (1 - 128)/(-1 = 127
Order: Answer
Right comes first
Left
Second from the left
Second from the right.
Answer:1
There are three different types of vertical marketing systems: a corporate system, a contractual system, and an administered system. The three types of vertical marketing systems are contractual, corporate and Administered. A corporate system is desenbed as one in the combination of successive stages of production and distribution under single ownership.
A contractual system is described as an independent production and distribution firms integrate their efforts on a contractual basis to obtain a greater functional economies and marketing impact than they could achieve on their own. There are three variations of contractual systems which include
1.) wholesaler sponsored voluntary chains (wholesaler develops a contractual relationship with a small independent retailer to coordinate and standardize practices)
2.) retailer sponsored (small independent retailers form an organization that operates a wholesale facility cooperatively, for example Ace Hardware company and an individual
3.) Franchising: the most visible variation of contractual systems, it is a contractual agreement between a parent that allows a franchise to operate under an established name, i.e. your family owning a McDonald's
Administered system: achieve coordination at successive stages of production and distribution by the size and influence of one channel member rather than through ownership. For example, Proctor and Gamble as well as Walmart.
Explanation:
Cause it is