When technological growth and innovation is halted over a protracted period, the CPI bias problem is likely to persist is substitution bias.
What is substitution bias?Substitution bias is known to be that which connote or is found in economic index numbers when they do not input data on consumer expenditures moving from expensive products to cheap ones as a result of the change in prices changed.
This kind of bias takes place when prices for items alters when compared to one another and as As time moves on some prices rise more than others.
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Read the results from a survey of consumers in Anytown. • Fourteen percent of participants desire a store that offers custom-made shoes. • Thirteen percent of participants plan to purchase a new phone in the next year. • Fifty-two percent of participants think an additional pizza place is needed. • Twenty-one percent of participants say they purchase bagels on a daily basis. Based on the survey data, what will occur if a new pizza place opens
Answer:
D). It will help to satisfy the demand
Explanation:
The opening of a new pizza place would assist in 'satisfying the demands of the customer' which was not being fulfilled earlier. Since the locality has a high demand for pizza and existing pizza shops are unable to cater to this demand completely. This is why the majority of people i.e. 52% feel the requirement of a new pizza place which would help in catering to their demands efficiently. Thus, a new pizza place would increase the supply and balances the demand and supply. Hence, option D is the correct answer.
Answer:
It will help to satisfy the demand
Which of the following is an example of an asset?
-mortgage
-investment account
-credit card debt
-car loan
I believe it would be
B: investment account
PLEASE HELP IM BEGGING:)))
Complete the following questions related to the market supply for apples:
1) In which of the following markets would the supply of apples be more inelastic?
(T 1 mark)
a) apples in the present growing season.
b) apples in the next 10 years.
2) Justify your answer for question 1 by using at least two of the factors that affect
the elasticity of supply. (T 1 mark C 2 mark)
Answer:
SORRY I DIDN'T KNOW THE ANSWER OF YOUR QUESTIONA common advantage of a promotion is that ______. A. You will have longer hours b. Your relationships with your peers will change c. You will receive better pay d. You may have to learn to do new tasks Please select the best answer from the choices provided A B C D.
Answer:
C
Explanation:
If price is greater than marginal cost, a perfectly competitive firm should increase output because.
Explanation:
If marginal revenue is greater than marginal cost, a firm will produce that unit of output because it can make a profit on that last unit of output. A firm will not produce that last unit of output where marginal revenue is less than marginal cost because a loss would be made on that last unit of output
1.1. If the population of a country increases, GDP remaining constant, then its ________. A. income per capita will remain unchanged B. income per capita will decrease C. trade deficit will decrease D. gross national product will increase
The Income per capita will decrease If the population of a country increases, GDP remaining constant.
What is income per capita?Per capita income is defined as a measure for the average income earned per person in a given area (country) in a specified year.
It is calculated by dividing the area's total income by its total population hence a measurement of average income per person in a specific country.
Hence, the Income per capita will decrease If the population of a country increases, GDP remaining constant.
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Calculate the percent increase of mobile device sales from 1998 to 2007. Each mobile device sold in 2007 contained an average of 0.03 gram of gold. Calculate the number of grams of gold that were used in the production of the mobile devices sold in 2007. Assume that the average mass of each mobile device was 0.1 kilogram. The United States Environmental Protection Agency estimates that about 10 percent of the mobile devices sold in 2007 were recycled. Calculate the mass (in kilograms) of the mobile devices sold in 2007 that were not recycled. Discarded mobile devices become part of the electronic waste stream (e-waste). Mercury is often present in e-waste. Identify one negative human health effect, other than death, associated with exposure to mercury. Improper disposal of e-waste has harmed human health and caused environmental damage in developing cou
Based on the number of phones sold in 1998 and 2007, the percent increase is 500%.
The number of grams of gold used in producing the mobile devices sold in 2007 was5,400 kilograms of gold.
The mass of sold phones that were not recycled is 16,200,000 kg.
What was the percentage increase in phones sold?= (180 million - 30 million) / 30 million x 100%
= 500%
What was the mass of gold in phones sold in 2007?= 0.03 x 180 million
= 5,400,000 grams or
= 5,400 kg of gold
What was the mass of mobile devices that weren't recycled?= 0.1 kg x 180 million x (1 - 10%)
= 16,200,000 kg
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A cost center's performance report does not include ______. Multiple select question. costs revenue variances net operating income
A cost center performance does not include:
revenuenet operating incomeWhat is a cost center performance?This is the type of costing that is usually done in order to determine cost variance.
This type of costing is done to compare the standard cost and the quantity of a given product.
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Professionally managed and centrally coordinated marketing channels that are designed to achieve channel economies and maximize marketing impact are known as Blank______.
Vertical marketing systems are professionally managed and centrally coordinated marketing channels that are designed to achieve channel savings and maximize marketing impact.
How do vertical marketing systems work?The distribution channel system is organized and structured, where there is the integration and collaboration of wholesalers and retailers to increase the quality and speed with which the product reaches the end customer.
Therefore, this is a strategy implemented to generate value for the consumer, competitiveness and market positioning.
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In the production of textiles, women would gather and clean the fibers. once these were complete, the next step would be to ___________________. a. weave the fibers into textiles using a loom. b. comb and sort the fibers. c. dye the fibers using ochers. d. spin the fibers into thread. please select the best answer from the choices provided a b c d
Textiles include cloth and are produced with the help of yarn and threads. The step after gathering and cleaning is combing and sorting the fibers.
How is a textile produced?In the production of textile, the fiber and the wool is collected and cleaned from the sources like various plants or from animal coat. The harvested fibers are then combed and sorted thoroughly.
After the combing part, the harvest is made into threads by the process of spinning and carding and is weaved into cloths. At last, the clothes are sewed.
Therefore, after cleaning the next step is option b. combing and sorting.
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Answer:
B. comb and sort the fibers.
Explanation:
Allison is a manager for a new project and has carefully selected her team of talented and hardworking individuals. She quickly orients everyone to the project and identifies why each were selected and what they bring to the team. Together, they are able to complete the project ahead of schedule and with higher quality than anticipated. This is an example of group ______.
If they completed the project ahead of their schedule this is an example of group synergy.
What is group synergy?Group synergy can be defined as the process of being a team player working together or hand in hand with the team member so as to makes the team more stronger.
A team player is someone that carry is team member along so as to achieve their task or to effectively the complete their set project.
Inconclusion if they completed the project ahead of their schedule this is an example of group synergy.
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Check my answer please! A house worth $180,000 has a coinsurance clause of 75 percent. The owners insure the property for $101,250. They then have a loss that results in a $50,000 claim. They will receive $_____ .00 from insurance.
I got $21093.75 but it says I'm incorrect?
Answer:
I've done the math and got 37,500.
Explain how getting more education can increase your value to an employer.
Answer:
If you have a good education and a high degree, it can prove you know a lot of stuff and can give you more credibility. It can also help employees learn something that relates with their field of study or learn more about a completely new area of study.
Explanation:
When developing macroeconomic models, economists change their focus from the relationship between consumption and disposable income to the relationship between consumption and ______.
When developing macroeconomic models, economists change their focus from the relationship between consumption and disposable income to the relationship between consumption and real GDP.
What is real GDP?This term is refered to as the gross domestic product of an economy. GDP is the value of the total goods and services that was produced in an economy at a particular time.
Real GDP makes use of prices that have been calculated for inflation to measure the value of goods.
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DS Unlimited has the following transactions during August. August 6 Purchases 82 handheld game devices on account from GameGirl, Inc. , for $260 each, terms 3/10, n/60. August 7 Pays $460 to Sure Shipping for freight charges associated with the August 6 purchase. August 10 Returns to GameGirl seven game devices that were defective. August 14 Pays the full amount due to GameGirl. August 23 Sells 62 game devices purchased on August 6 for $280 each to customers on account. The total cost of the 62 game devices sold is $16,017. 0. Required: Record the transactions of DS Unlimited, assuming the company uses a perpetual inventory system. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Round your answers to 2 decimal places. )
The recording of the transactions during August for DS Unlimited is as follows:
Journal Entries:August 6 Debit Inventory $21,320
Credit Accounts Payable (GameGirl, Inc.) $21,320
To record the purchase of 82 handheld game devices on account for $260 each, terms 3/10, n/60.August 7 Debit Freight-in Expenses $460
Credit Cash $460
To record the payment for freight on purchased goods of August 6.August 10 Debit Accounts Payable (GameGirl, Inc.) $1,820
Credit Inventory $1,820
To record the return of goods (7 devices).August 14 Debit Accounts Payable (GameGirl, Inc.) $19,500
Credit Cash $18,915
Credit Cash Discounts $585
To record the full payment, including discounts.August 23 Debit Accounts Receivable $17,360
Credit Sales Revenue $17,360
To record the sale of goods on account.Debit Cost of goods sold $16,017
Credit Inventory $16,017
To record the cost of goods sold.Transaction Analysis:August 6 Inventory $21,320 Accounts Payable (GameGirl, Inc.) $21,320
purchase of 82 handheld game devices on account for $260 each, terms 3/10, n/60.
August 7 Freight-in Expenses $460 Cash $460
August 10 Accounts Payable (GameGirl, Inc.) $1,820 Inventory $1,820
August 14 Accounts Payable (GameGirl, Inc.) $19,500 Cash $18,915 Cash Discounts $585
August 23 Accounts Receivable $17,360 Sales Revenue $17,360
Cost of goods sold $16,017 Inventory $16,017
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Which factors can affect a stock's price? Check all that apply.
market performance
the company's financial health
the quantity products produced
location of the company
the economy
Answer:
market performance
the company's financial health
the economy
Explanation:
Stocks or shares represent small units of ownership in a business. The stocks of a public limited company are traded in the stock exchange markets. Investors trading shares are guided by the potential to make profits in deciding what shares to buy.
Share that shows signs of good returns attract many buyers. Investors will focus on a company's financial health as presented in financial statements, the overall state of the economy, and the general market performance to evaluate profits potential. If the conditions are favorable, a stock price will always be rising and present opportunities for profits.
Answer:
1, 2, 5
Explanation:
Capital Chemicals Corp. recently faced a legal hassle after which many of its process operators resigned voluntarily. Thereafter, the company faced a shortage of efficient and experienced process operators. Which of the following kinds of turnovers does this scenario exemplify?A) Dysfunctional turnover.
B) Reactive turnover.
C) Regressive turnover.
D) Functional turnover.
Answer: Dysfunctional turnover
Explanation:
1. If a business has assets of $ 5,600 and liabilities of $900, the owner's equity is *
$ 6,500
$ 900
$ 4,700
O $ 5,600
Answer:
The owner's equity is $900
Explanation:
Because an asset takes money from your pocket and liability puts money in your pocket.
True or False -As a rule the host or the organizer leads the topic for discussion.
It is not compulsory for the host or the organizer leads the topic for discussion. Therefore, it's false.
What is a discussion?It should be noted that a discussion simply means a conversation that's used to address a particular issue.
In this case, it's not compulsory for the host or the organizer leads the topic for discussion.
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An increase in temperature causes a _____ collision frequency and energy and therefore _____ the rate dramatically.
a) greater; decreases
b) lower; decreases
c) greater; increases
d) lower; increases
Answer:
c) greater; increases
Explanation:
Energy will cause atoms/molecules to gain kinetic energy. That energy is converted to motion as the entities absorb the heat and store it as kinetic energy. This causes the molecules to move more rapidly and results in a higher rate of collisions with neighboring atoms/molecules.
Broker Zeke is busy and doesn't have time to go to the bank, so he deposits his client's earnest money funds into his personal account. He plans to move the funds to the appropriate account within a week. This violation is an example of ______.
Assuming He plans to move the funds to the appropriate account within a week. This violation is an example of Commingling.
What is Commingling?Commingling occur when a client or a customer put a fund in the care of a trustee and the trustee went ahead to deposit the money into his account making it hard for the trustee to know which money belongs to him and the money that belongs to his customer.
Based on the given scenario Broker Zeke has committed breach of turst because he cannot account for his client money.
Inconclusion this violation is an example of Commingling.
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Critique the following statement: “Safety is not important in offices or retail workplaces.”
Answer:
Safety is important in every workplace. Even in low risk work places, there are certain occupational hazards, like musculoskeletal disorders, including carpal tunnel syndrome and repetitive stress injuries.
Explanation:
The answer the site said after I took it
Answer:
Safety is important in every workplace. Even in low risk work places, there are certain occupational hazards, like musculoskeletal disorders, including carpal tunnel syndrome and repetitive stress injuries.
Explanation:
Sample answer; edge 2021
NEED HELP ASAP
firms make decisions based on the decisions of other firms in the market in
1) a monopolistic industry
2) a perfectly competitive industry.
3) an oligopolistic industry 4) monopolistically competitive industry
Since tsc sells products to support a rural lifestyle, it typically carries several brands within just a few product categories. This would categorize them as what type of store?.
The type of store which TSC is which sells products to support a rural lifestyle, and typically carries several brands within just a few product categories is known as a specialty store.
What is a Specialty Store?
This refers to retail outlets which has a focus on particular product categories and can have different brands.
With this in mind, we can note that because TSC sells products which has different brands and supports a rural lifestyle with few product categories, then they are known as a specialty store.
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The _____ is a management policy decision about whether a firm wants to pay above, at, or below the going rate for labor in the industry or the geographic area.
The wage level decision is a management policy decision about whether a firm wants to pay above, at, or below the going rate for labor in the industry or the geographic area.
What is labor market equilibrium?The labor market is in equilibrium when supply equals demand. This means that workers are employed at a certain wage rate.
In equilibrium, all persons who are looking for work at the going wage can find a job. Here, firms decide whether or not to pay wage above certain rate.
Hence, the wage level decision is a management policy decision about whether a firm wants to pay above, at, or below the going rate for labor in the industry or the geographic area.
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Question 8 of 20
What is the difference between a salary and a wage?
A. A salary is a flat rate for an entire month or year while a wage is an
hourly rate of pay.
B. A salary is pay offered only to managers while a wage is offered
only to team members.
O C. A salary is pay offered only to team members while a wage is
offered only to managers.
D. A wage is a flat rate for an entire month or year while a salary is an
hourly rate or pay
SUBMIT
The difference between a salary and a wage is that A. A salary is a flat rate for an entire month or year while a wage is an hourly rate of pay.
What is the difference between a salary and wages?Salaries are flat amounts that a person gets after a period which is usually a month or semi-monthly.
Wages on the other hand are the rate at which a person is paid for every hour of work they put in.
In conclusion, option A is correct.
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If the u. S. Dollar appreciates and prices remain the same at home and abroad, foreign goods become ________ expensive relative to american goods, pushing the u. S. Trade balance toward ________.
If the u. S. Dollar appreciates and prices remain the same at home and abroad, foreign goods become less expensive relative to American goods, pushing the U. S. Trade balance toward a deficit.
What does it mean when a currency appreciates?A currency appreciates when the value of the currency increases. For example if $1 is equivalent to 1000 rubles. If the US dollar appreciates, it can buy more rubles. For example 1200 rubles.
When a currency appreciates, it purchasing power increases. Thus, import would increase and export would reduce. This would lead to a negative trade balance.
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1 Which one of the following is not Which one of the key roles / purposes of marketing within
business?
A To identify potential customer groups
B To inform customers about the business's product or service
C To prepare cash flow forecasts
D To understand customers and their needs
Your answer
i
Current liabilities include ______. Multiple select question. accounts payable wages payable interest receivable 5 year bonds due in 2 years 10 years bonds due in 5 months
Current liabilities include current liabilities and 10 years bonds due in 5 months.
What are current liabilities?Current liabilities are obligations that a company owes other entities. This obligations would be paid withing a year.
Current liabilities include:
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The full cost of attendance to an institute of higher education, including tuition, room and board, books and other costs is known as _____.
A cost of attendance encompasses the full cost of attendance to an institute of higher education, including tuition, room and board, books etc
What is a cost of attendance?This means the college's total estimated expenses for a year which includes tuition, room and board, books, supplies, transportation, loan fees, miscellaneous expenses etc.
These cost is used also used to determine each student's eligibility for financial aid such as grants and loans.
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