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Fiesta28 [93]
3 years ago
7

Three accuracy problems with the consumer price index (CPI) are Group of answer choices price confusion, substitution, and quali

ty changes. substitution, quality changes, and the money illusion. substitution, quality changes, and the availability of new goods and services. the availability of new goods and services, substitution, and traditional bundle bias. the income effect, substitution effect, and money illusion.
Business
1 answer:
vredina [299]3 years ago
7 0

Answer:

Option b (Substitution.....services) is the appropriate choice.

Explanation:

  • The above leads to calculating difficulties as well as the failure throughout the Index to identify better products and services contributing to less precise inflation outcomes.
  • It does not take account of the replacement facilities, which arise when an increase throughout the price of one promising recommendation to a replacement including its good by another, which often increases the costs of one quality.

The other options are not related to the given scenario. So the above is the correct choice.

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Jessica is a violinist who believes she can extend her method of learning music to early childhood education. She opens a presch
Rom4ik [11]

Answer:

B. Entrepreneurship

Explanation:

Entrepreneurship is the process of creating and running a new business. A person who takes the initiative to start a business is called the entrepreneur.  The entrepreneur assumes all the risks associated with the venture but also enjoys its rewards. In practice, entrepreneurs see opportunities where others don't. They are innovators,  skillful, and a source of ideas for new products and services.

Jessica is an entrepreneur. She is a skilled violinist who takes the risks of starting a preschool business. She will use her expertise to offer a service in her community.  As the entrepreneur, she will have to provide the factors of production. For example, the land and building where the school will be located represent 'land 'as a factor of production. Should the business fail, Jessica will suffer all the losses.

8 0
3 years ago
Suppose a stock had an initial price of $113 per share, paid a dividend of $2.90 per share during the year, and had an ending sh
saveliy_v [14]

Answer:

(a) 27.35%

(b)  2.57%

Explanation:

Given that,

Ending price = $141

Initial price = $113

Dividend = $2.90

(a) Percentage total return %:

= [(Ending price - Initial price) + Dividend] ÷ Initial price

= [($141 - $113) + $2.90] ÷ $113

= 0.2735 or 27.35%

Therefore, the percentage total return 27.35%.

(b) Dividend yield:

= Dividend ÷ Price

= $2.90 ÷ $113

= 0.0257 or 2.57%

3 0
4 years ago
The doctor told ellie and tom to compute the gestational age of their fetus by determining the time of
Ierofanga [76]

<span>In order to compute the gestational age of their fetus by determining the time of last menstrual period. Gestational age is also called the menstrual age which measures the age of the fetus. Gestational age is usually being computed by the date of the last menstrual period of the mother and by doing an obstetric ultrasound to verify the size of the fetus and thru this it can estimate the gestation age of the fetus. </span>

7 0
3 years ago
Walmart's customers have come to expect to find P&amp;G products in stores, and P&amp;G depends on Walmart to purchase a good po
Tatiana [17]

Answer:

vertical marketing system

Explanation:

Based on the scenario being described within the question it can be said that this scenario represents the first phase of a vertical marketing system. This is a cooperative system of business, in which members work together in order to correctly promote efficient manufacturing and product delivery to the customers, to meet customer needs.

7 0
4 years ago
Mittelstaedt Inc., buys 60 percent of the outstanding stock of Sherry, Inc. Sherry owns a piece of land that cost $207,000 but h
vovikov84 [41]

Answer:

A. $549000

Explanation:

Given information

Number of outstanding stock of Sherry, Inc = 60%

The cost of the land = $207,000

Fair value at the acquisition date = $549,000

By considering the above information, the value reflected in a consolidated balance sheet is $549,000.

The historical principle says that the fixed assets should be recorded at the purchase price or acquisition cost only and the same is to be considered

8 0
3 years ago
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