subject
Business, 12.10.2019 01:10 kylee76

Suppose there are only two goods (good a and good b) and the average person buys 4 of good a in a year and 3 of good b. if, in the base year, the price of good a is $5 and the price of good b is $10, and in the next year the price of good a is $6 and the price of good b is $9, the inflation that occurred in the second year is

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 14:00
Your dormitory, griffingate, has appointed you central banker of its economy, which deals in the currency of wizcoins. assume that the velocity of wizcoins in griffingate is constant at 10,000 transactions per year. right now, real gdp is 1,000 wizcoins, and there are 2,000 wizcoins in existence.
Answers: 2
question
Business, 22.06.2019 17:00
Afinancing project has an initial cash inflow of $42,000 and cash flows of −$15,600, −$22,200, and −$18,000 for years 1 to 3, respectively. the required rate of return is 13 percent. what is the internal rate of return? should the project be accepted?
Answers: 1
question
Business, 22.06.2019 19:40
When a company produces and sells x thousand units per week, its total weekly profit is p thousand dollars, where upper p equals startfraction 800 x over 100 plus x squared endfraction . the production level at t weeks from the present is x equals 4 plus 2 t. find the marginal profit, startfraction dp over dx endfraction and the time rate of change of profit, startfraction dp over dt endfraction . how fast (with respect of time) are profits changing when tequals8?
Answers: 1
question
Business, 22.06.2019 22:10
Scoresby co. uses 6 machine hours and 2 direct labor hours to produce product x. it uses 8 machine hours and 16 direct labor hours to produce product y. scoresby's assembly and finishing departments have factory overhead rates of $240 per machine hour and $160 per direct labor hour, respectively. how much overhead cost will be charged to the two products? a. product x = $1,440; product y = $2,560 b. product x = $1,760; product y = $4,480 c. product x = $3,200; product y = $9,600 d. product x = $800; product y = $800
Answers: 1
You know the right answer?
Suppose there are only two goods (good a and good b) and the average person buys 4 of good a in a ye...
Questions
question
Business, 01.06.2021 04:40
question
Law, 01.06.2021 04:40
question
Mathematics, 01.06.2021 04:40
question
Mathematics, 01.06.2021 04:40
question
Mathematics, 01.06.2021 04:40
Questions on the website: 13722362