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3 years ago

If your nominal income is $80,000 and your real income in base year prices is $71,500, what is the cpi?

1 answer:

4 0

<span>The consumer price index would change in concert with the real value of the income that the consumer has. In this case, the nominal value is 80,000 with a real value of only 71,500. Taking these two values and dividing them gives a quotient of 1.118, which is rounded up to 1.12, multiplied by 100 to give a CPI of 112.</span>

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2 years ago

The semiconductor business of the California Microtech Corporation qualifies as a component of the entity according to GAAP. The

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Answer:

$1,650,000

Explanation:

Preparation of the lower portion of the 2021 income statement .

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2 years ago

The manager of a 150-unit apartment complex knows from experience that all units will be occupied if the rent is $1000 per month

Roman55 [17]

The rent that the manager should charge to maximize revenue will be $2,000.

In business, a rent is known as the cost incurred by a business to utilize a property or location for an office, retail space, factory, or storage space.

Initially, to find revenue by coming up we can calculate with an equation below:

Revenue = Price × Revenue

Where, price = 1000 + 20x

Quantity = 150 - x

R(x) = (1000+20x) (150-x)

R(x) = 150000 - 1000x + 3000x - 20x²

R(x) = - 20x² + 2000x + 150000

To maximize the revenue, we calculate the derivative and set it to zero:

R(x) = - 20x² + 2000x + 150000

R(x) = -40x + 2000

-40x + 2000 = 0

40x = 2000

x = 50

After we find the amount of X, thus we determine the rent that the manager should charge to maximize revenue

Price=$1000+20x

Price=$1000+20(50)

Price=$1,000 + 1,000

Price = $2,000

Learn more about the rent at brainly.com/question/2254034

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1 year ago

Critically analyse the difference and the point of convergence between floor inspection and functional inspection

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Answer:

The overview of the give scenario is described in the explanation section below.

Explanation:

The distinction between Floor as well as Function Inspection was that these techniques are being used to eliminate and locate faulty materials until the identical happens in manufacturing. Quality is the key objective of both processes, where expectations are reviewed and evaluated to ensure that the operation is carried out correctly.
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3 years ago

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The answer to this question is 14.24 ; higher
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2 years ago

If your nominal income is​ $80,000 and your real income in base year prices is​ $71,500, what is the​ cpi?

If your nominal income is $80,000 and your real income in base year prices is $71,500, what is the cpi?