Business, 10.03.2020 21:22 cheesecake1919
Suppose a basket of goods and services has been selected to calculate the CPI and 2012 has been selected as the base year. In 2012, the basket's cost was $77; in 2013, the basket's cost was $82; and in 2014, the basket's cost was $90. The value of the CPI in 2014 was:
A) 109.8 and the inflation rate was 16.9%
B) 116.9 and the inflation rate was 16.9%
C) 116.9 and the inflation rate was 9.8%
D) 109.8 and the inflation rate was 9.8%
Answers: 3
Business, 23.06.2019 04:31
Kubin company’s relevant range of production is 24,000 to 31,000 units. when it produces and sells 27,500 units, its average costs per unit are as follows:
Answers: 1
Business, 23.06.2019 11:10
Which of the following statements best reflects a price-taking firm? price-taking firms maximize profits by charging a price above marginal cost. the firm can sell only a limited amount of output at the market price before the market price will fall. if the firm were to charge more than the going price, it would sell none of its goods. the firm has an incentive to charge less than the market price to earn higher revenue.
Answers: 3
Business, 23.06.2019 23:00
Co-workers in the sales department of a company work closely together. these members of the sales department together make up a group.
Answers: 1
Suppose a basket of goods and services has been selected to calculate the CPI and 2012 has been sele...
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