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3 years ago

If the price of a soda was 15 cents in 1970, when the cpi was 50, and 50 cents in 2007, when the cpi was 172, then

Business

2 answers:

Lilit [14]3 years ago

6 0

Answer:

Increase in price $0.35 and consumer price also increase.

Soda after 37 years, consumer 122.

Explanation:

As per the question,

Soda was 15 cents in 1970, when the cpi was 50

50 cents in 2007, when the cpi was 172, then

cpi= N.price/ Old.price

= 0.50/0.15

=3.33

No major increment after 37 years.

MA_775_DIABLO [31]3 years ago

3 0

Answer:

It then means that there was an increase in price of $0.35 and an increase in the Consumer Price Index of 122 of Soda after 37 years for inflationary reasons.

Explanation:

The Consumer Price Index (CPI) is a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care. It is calculated by taking price changes for each item in the predetermined basket of goods and averaging them.

Solution

CPI = New Price/ Old Price

Where:

Old Price = $0.15

New Price = $0.50

∴ = 0.50/0.15

CPI = 3.33

Then there was no significant rise on inflation since the CPI for 37 years was 3.33

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Romashka-Z-Leto [24]

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2 years ago

Wilturner Company incurs $76,000 of labor related directly to the product in the Assembly Department, $25,000 of labor not direc

coldgirl [10]

Answer:

correct option is b) $76,000 and $37,000

Explanation:

given data

Labor related directly to the product = $76,000

labor not directly related to the product = $25,000

labor for services = $12,000

solution

As here Direct Labor is express as

Direct Labor = Labor related directly to the product ...............1

Direct Labor = $76,000

and

Factory Overhead will be as

Factory Overhead = Labor not directly related to the product + labor for services ,................................2

put here value and we get

Factory Overhead $25000 + $12000

Factory Overhead = $37,000

so here correct option is b) $76,000 and $37,000

6 0

3 years ago

If you have a low credit score, lenders are more likely to give you what type of interest rate? A. A low interest rate B. A high

alisha [4.7K]

Answer:

B) A high interest rate.

Explanation:

A low credit score means a bad credit score. Meaning you are not that reliable in paying your credit back. If you were reliable, they would make it easy for you and give you a low interest rate. However, your credit score says otherwise so they will give you a high interest rate since you are a higher risk.

8 0

3 years ago

All Wet Water Softener Systems has Cash of $400?, Accounts Receivable of $1,000?, and Office Supplies of $600. All Wet owes $300

DanielleElmas [232]

Answer:

D. 5.00

Explanation:

The calculation of current ratio is given below :-

Current Ratio = Current Assets ÷ Current Liabilities

where,

Current Asset = cash + account receivable + office supply

= $400 + $1000 + $600

= $2,000

and the Current Liabilities is

= Account payable + salary payable

= $300 + $100

= $400

So, the current ratio is

= $2,000 ÷ $400

= 5 times

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3 years ago

New brands with a small market share tend to spend proportionately more for advertising and sales promotion than those with a la

mestny [16]

Answer:

b. New brands require higher spending to reach a minimum level of exposure needed to affect purchase habits

Explanation:

New brands with a small market share tend to spend proportionately more for advertising and sales promotion than those with a large market share because a certain minimum level of exposure is needed to measurably affect purchase habits.

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3 years ago

If the price of a soda was 15 cents in​ 1970, when the cpi was​ 50, and 50 cents in​ 2007, when the cpi was​ 172, then

If the price of a soda was 15 cents in 1970, when the cpi was 50, and 50 cents in 2007, when the cpi was 172, then