In a monopolistically competitive market, if a firm introduces a new, improved product, the demand curve for each of the other firms will shift inward, reducing the price and quantity received by those incumbents.
In a monopolistically competitive market, firms offer differentiated products, meaning they have some degree of uniqueness or variation in their products. Each firm has some control over the price it charges due to the differentiation. When a firm introduces a new, improved product in this market, it attracts customers and creates a competitive advantage.
The entry of a new, improved product affects the demand for other firms' products in the market. Consumers may shift their preferences and demand more of the new product, leading to a decrease in demand for the existing products. This decrease in demand results in a leftward shift of the demand curve for each of the other firms. As a result, the price and quantity received by those incumbents decrease.
The introduction of a new, improved product intensifies competition in the market and puts pressure on existing firms to innovate or differentiate their products further to maintain their market share. This dynamic process of competition and product differentiation characterizes monopolistically competitive markets.
Learn more about demand curve, below:
https://brainly.com/question/28374935
#SPJ11
A recent change in indian law allows some foreign retailers to operate in india without partnering with an indian company. This represents a lowering of ________ to international trade.
If Indian law allows some foreign retailers to operate in India without partnering with an Indian company, then this represents a lowering of economic barriers to international trade.
In the field of business, a barrier can be described as a factor that prevents others to execute their business in a certain place according to the business policies made by a place or country.
Many countries do not allow foreign retailers to conduct their business in the country without a local partner. This is done so that the competition for local businesses stays limited.
However, to empower international trade, a country might need to lower its economic barriers and allow other countries to conduct business in it without a local partner.
To learn more about economic barriers, click here:
https://brainly.com/question/28729355
#SPJ4
(14%) Let A[1..n] be an array of n positive numbers. Entry A[i] represents the trading price of a stock X on the i-th day (and hence the numbers are ordered chronologically). Write an algorithm max-profit that returns a pair (a, b) such that if one buys stock X on the a-th day and sells it on the b-th day, the maximum profit is made. Give the time complexity of your algorithm in Big-O. Show the derivation of the complexity result.
To solve this problem, we can use a simple algorithm that iterates through the array and keeps track of the minimum price seen so far and the maximum profit.
The algorithm works as follows: Initialize variables: min_price = A[1], max_profit = 0, buy_day = 1, sell_day = 1. Iterate through the array A from the second element to the last: If A[i] < min_price, update min_price = A[i]. If A[i] - min_price > max_profit, update max_profit = A[i] - min_price, buy_day = index of min_price, sell_day = i. Return the pair (buy_day, sell_day). The time complexity of this algorithm is O(n), where n is the size of the array A. This is because we perform a single pass through the array, comparing and updating values in constant time for each element. Therefore, the algorithm has a linear time complexity.
learn more about:- algorithm here
https://brainly.com/question/33344655
#SPJ11
What is the ROI of your mutual funds that you buy at $35,982 and sell at $41,938?
Answer:16.52%
Explanation: casuse itis
if the product fails to meet the terms of its written guarantee, the buyer or lessee can sue for which of the following? question 5 options: breach of warranty comparative negligence contributory negligence strict liability
If the product fails to meet the terms of its written guarantee, the buyer or lessee can sue for breach of warranty. The answer is OPTION A
It is a breach of contract since a breach of warranty is defined as the violation of an express or implied warranty contract. In essence, it takes place when the warrantor doesn't give the assurance promised.
The quality or ownership of an item sold can be openly or tacitly guaranteed by the seller to the buyer. For instance, the implied warranty of fitness will have been broken if a customer informs the hardware store salesman that he requires a tool that drills metal and the salesperson suggests a specific item that does not drill metal.
To learn more about product, click here.
https://brainly.com/question/22852400
#SPJ4
find the present values of these ordinary annuities. discounting occurs once a year. do not round intermediate calculations. round your answers to the nearest cent. $700 per year for 12 years at 14%.
The present value of the annuity is $4,118.15.
We can use the formula for the present value of an ordinary annuity to find the answer:
PV = PMT × [(1 - (1 + r)^-n) / r]
where PV is the present value of the annuity, PMT is the annual payment, r is the interest rate per period, and n is the number of periods.
In this case, PMT = $700, r = 0.14 (14% per year), and n = 12.
Plugging these values into the formula, we get:
PV = $700 × [(1 - (1 + 0.14)^-12) / 0.14]
PV = $700 × [(1 - 0.1611) / 0.14]
PV = $700 × 9.5548
PV = $6,688.38
However, this is the future value of the annuity, not the present value. To find the present value, we need to discount the future value back to the present using the formula:
PV = FV / (1 + r)^n
where FV is the future value and n is the number of periods.
In this case, FV = $6,688.38 and n = 12.
Plugging these values into the formula, we get:
PV = $6,688.38 / (1 + 0.14)^12
PV = $6,688.38 / 5.4274
PV = $1,231.59
Therefore, the present value of the annuity is $1,231.59.
The present value of the annuity is $4,118.15. We first calculated the future value of the annuity using the formula for the present value of an ordinary annuity. Then, we discounted the future value back to the present using the formula for the present value of a future sum.
To know more about Annuity ,visit:
https://brainly.com/question/32006236
#SPJ11
What is globalization?
Hi, I need a catchy slogan for my business project my business is about sewing so please if you can include something using that.
Ex. Sew and be happy but something better than that lol
Answer: can I ask your name, and what you like about sewing is it would help me
QUESTION 2 Role of the education approach in your institution/other related institutions towards sustainability.
In our institution, as well as in many other related institutions, the education approach plays a vital role in promoting sustainability.
We recognize that education is a powerful tool for raising awareness, fostering a sense of responsibility, and inspiring action among students and the wider community.
Our institution incorporates sustainability into the curriculum across various disciplines. We aim to instill an understanding of environmental, social, and economic issues related to sustainability. Students are exposed to concepts such as climate change, resource management, biodiversity conservation, and sustainable development. They are encouraged to think critically, explore innovative solutions, and consider the long-term impacts of their choices. Moreover, our institution promotes experiential learning and practical applications of sustainable practices. We organize field trips, workshops, and projects that actively engage students in sustainability initiatives. This hands-on approach allows them to understand real-world challenges and develop problem-solving skills. Additionally, we emphasize the importance of sustainability in campus operations. We strive to minimize our ecological footprint by implementing energy-efficient practices, waste reduction strategies, and promoting sustainable transportation options. By integrating sustainability into our educational approach, we aim to empower our students to become responsible global citizens who are equipped with the knowledge and skills to contribute positively to a sustainable future.
To learn more about sustainability click here:
brainly.com/question/32308448
#SPJ11
To examine
the weekly payroll of all employees, one would look at the:
To examine the weekly payroll of all employees, one would look at the: d. payroll register.
What is the payroll register?The payroll register is a book or record that is used to fill in the details of all the employees and their payment logs. A record of this register is often kept in good condition in case of any future discrepancies that will have to be resolved.
A person who wants to examine the weekly payroll of all employees in an organization must be able to look at the payroll register to know what is obtainable. There, he would find the names of the employees, their job roles and payment record.
Options:
a. W-4
b. employee earnings record
c. W-2
d. payroll register.
Learn more about the payroll register here:
https://brainly.com/question/24265652
#SPJ1
Select the incorrect statement regarding the contribution margin income statement. A) The contribution margin approach for the income statement is unacceptable for external reporting. B) The contribution margin approach requires that all costs be classified as fixed or variable. C) Contribution margin represents the amount available to cover product costs and thereafter to provide profit. D) Assuming no change in fixed costs, a $1 increase in contribution margin will result in a $1 increase in profit.
The contribution margin represents the amount available to cover production costs and thereafter to provide profit is the incorrect statement regarding the contribution margin income statement. Thus, option D is correct.
What is a margin income?The amount of net earnings earned as a portion of revenue is expressed as the profitability ratio, or merely net interest margin. It is the proportion of a company's or business section's net profit to everything is revenues.. Although it may also be given in decimal number, margin of net profit is frequently expressed in a percentage.
The inaccurate response regarding the projected cash flow statement is that the contribution margin indicates the sum available for covering manufacturing cost and then to create profit.
Therefore, option D is the correct option.
Learn more about margin income, here:
https://brainly.com/question/13948083
#SPJ1
Let G stand for government spending, T for taxes, I for private investment, and S for private saving. Complete the following equation for the current account deficit: Current Account Deficit = ( ▼- ▼)+ ( ▼- ▼) Which of the following statements about the current account deficit are correct? Check all that apply. A nation's current account deficit can be caused by a net financial inflow. Decreasing a current account deficit is entirely in the hands of the home nation Using a current account deficit to finance domestic consumption may result in a burden for a nation's economy. A current account deficit always causes huge problems for a nation's economy. A successful reduction of a nation's current account deficit must be supported by complementary policies in foreign nations with large current account surpluses. Which of the following could explain why a current account deficit may stimulate an economy? Increased imports displace workers in import-competing industries. O Foreign purchases of U.S. securities increase long-term interest rates. Foreign purchases of U.S. assets can stimulate the U.S. economy.
Foreign purchases of U.S. assets can stimulate the U.S. economy. This is because foreign investment can lead to increased capital inflows, which can support domestic investment and growth.
Which of the following could explain why a current account deficit may stimulate an economy?The equation for the current account deficit is: Current Account Deficit = (G - T) + (I - S). This means that the current account deficit is equal to the difference between government spending and taxes, plus the difference between private investment and private saving.
The following statements about the current account deficit are correct:
- A nation's current account deficit can be caused by a net financial inflow. This means that a deficit can be financed by foreign investment or borrowing.
- Using a current account deficit to finance domestic consumption may result in a burden for a nation's economy. This is because relying on foreign borrowing can lead to debt and interest payments that become unsustainable.
- A successful reduction of a nation's current account deficit must be supported by complementary policies in foreign nations with large current account surpluses. This is because a deficit in one country is often matched by a surplus in another country, and addressing the global imbalances requires cooperation and coordination among nations.
The following statement explains how a current account deficit may stimulate an economy:
- Foreign purchases of U.S. assets can stimulate the U.S. economy. This is because foreign investment can lead to increased capital inflows, which can support domestic investment and growth. However, this may also lead to a higher external debt and vulnerability to external shocks.
Learn more about foreign investment.
brainly.com/question/3924204
#SPJ11
what is collegial form of network structure
A collegial form of network structure refers to a type of organizational structure that has a highly cooperative and collaborative approach toward work.
This type of structure can be defined as one in which there is a high level of trust and mutual respect among the members. It is one in which the team members work together to achieve a common goal or objective. A collegial network structure has a decentralized authority. In this type of structure, the decision-making process is often democratic, and the responsibility is shared among the team members. Each member is encouraged to contribute their ideas, and there is a high level of communication and openness.
Teamwork and collaboration are highly valued in this type of network structure. Collaboration is often achieved through networking, which allows members to work together and exchange ideas. The network structure provides the opportunity to establish relationships, develop partnerships, and share resources. A collegial network structure promotes innovation and creativity since there is a high level of participation among the members. In this type of structure, the members can brainstorm and come up with new ideas and strategies to improve the organization's performance and growth.
The structure encourages the sharing of information among the members, which is crucial in decision-making. By sharing information, the members can gain a better understanding of the problem and come up with solutions that meet everyone's needs. In a collegial network structure, the members are encouraged to work towards the common goal of the organization and collaborate in a highly cooperative manner.
Know more about Organizational structure here:
https://brainly.com/question/23967424
#SPJ8
Insurance companies negotiate discounts with hospitals under a(n)
Insurance companies negotiate discounts with hospitals under a(n): Preferred provider organization (PPO).
What is insurance company?Insurance company is an a company that help to provide coverage for their policy holder in case of unforeseen or unexpected circumstance such as:
TheftAccident etcPreferred provider organization is a medical health plan that enter into a contract agreement with health care service providers so as to provide health care to people under the plan.
Therefore Insurance companies negotiate discounts with hospitals under a(n): Preferred provider organization.
Learn more about insurance company here:https://brainly.com/question/25855858
#SPJ1
Which professional helps individuals and families minimize risk?
Answer:
insurance agent.
the career profession who would help individual and families to manage and minimise risk would be insurance agent.
Explanation:
insurance is a field that manages protection from financial loss thus risk to it iwould be a component that they manage. insurance insurance agent would recommend the best product for individual and families according to their lifestyle and age
If you have an offer that’s targeted towards your leads in your database and wouldn’t provide as much value to your customers, what could you segment by to send only to your leads?
Answer:
Lifecycle stage
Explanation:
A lifecycle stage represents how far a contact has moved through their buying journey.
This lifecycle stage has been broken down into five well defined stages: reach, acquisition, conversion, retention, and loyalty.
The first-time sale of stocks and bonds directly to the public is called a(n):
a. primary sale.
b. new issue.
c. follow-on offering.
d. preliminary bid.
e. fresh deal.
The first-time sale of stocks and bonds directly to the public is called a(n):
b. new issue.
A new issue refers to the first-time sale of stocks or bonds directly to the public. This can be done by a company to raise capital for various purposes, such as financing growth or paying off debt.
The new issue can be offered through an initial public offering (IPO) or a bond offering, and the proceeds are typically used to fund the issuing company's operations.
New issues can be an important source of investment opportunities for investors looking to participate in a company's growth potential.
To learn more about investment, refer below:
https://brainly.com/question/15353704
#SPJ11
Eli is buying a townhouse that costs $276,650. He has $28,000 in savings and earns $4,475 a month. Eli would like to spend no more than 30% of his income on his mortgage payment. Which loan option would you recommend to Eli? a. 30 year FHA, 3. 5% down at a fixed rate of 6. 5% b. 30 year fixed, 5% down at a fixed rate of 6. 25% c. 30 year fixed, 6. 5% down at a fixed rate of 5. 75% d. 30 year fixed, 10% down at a fixed rate of 5%.
The loan option which I would recommend to Eli is which there are 30 years fixed, 10% down at a fixed rate of 5%.
What is the interest rate?The quotient of a loan, that is charged as interest to the receiver, is typically expressed as an annual percentage of the loan outstanding.
Given data are:
Cost of buying a townhouse = $276,650
Savings = $28,000
Earns per month = $4,475
computation:When we take 10% down, fix rate than a cover for the down payment is:
cover for the down payment :
\(\text{Cover for the down payment}=\text{10\%}\times\text{Cost of House}\\\\\text{Cover for the down payment}=\dfrac{10}{100} \times\$276,650\\\\\text{Cover for the down payment}=\$27,665.\)
And, here monthly income is $4,475
So, the mortgage will be :
\(\text{Mortgage}=30\%\times\$4,475\\\\\text{Mortgage}= \$1,342.50.\)
So, by the balance of the mortgage is:
\(\$276,650 - \$27,665= \$248,985.\)
Hence, the total monthly repayment is:
Total monthly repayment:
\(\$248,985\times\dfrac{0.05}{12}+\dfrac{348985}{30\times12}\\\\=\$1729.08.\)
Therefore, option D is correct.
Learn more about loans, refer :
https://brainly.com/question/11794123
changes in the federal funds rate influence the economy's growth rate through all of the following except:
a. making it more or less attractive two people save.
b. making it more or less expensive to borrow.
c. making investment spending more or less attractive.
d. altering the real interest rate when inflation is changing quickly.
The correct answer is d. altering the real interest rate when inflation is changing quickly.
Changes in the federal funds rate do not directly alter the real interest rate when inflation is changing quickly. The real interest rate is calculated by subtracting the inflation rate from the nominal interest rate. While changes in the federal funds rate can influence inflation expectations and impact the nominal interest rate, it does not specifically target or directly alter the real interest rate during periods of rapidly changing inflation.
Changes in the federal funds rate can make it more or less attractive for people to save. When interest rates are higher, it becomes more appealing to save as individuals can earn more on their savings. Conversely, when interest rates are lower, the incentive to save may decrease.
To learn more about federal funds rate, visit here
https://brainly.com/question/1236717
#SPJ4
given that autonomous consumption equals $1,000, disposable income equals $20,000, and the mpc equals 0.80, the level of
Given that autonomous consumption equals $1,000, disposable income equals $20,000, and the mpc equals 0.80, the level of 17,000 .
C=A+(B*Yd)
C=current consumption; a = autonomous consumption; b=marginal propensity to consume; Yd = Disposable Income
C=1000+(.80*20000)
C=1000+(16000)
C=17000
When consumption and income change, C and Y, respectively, the marginal propensity to consume is equal to both. MPC equals 0.8 / 1 = 0.8 if consumption rises by 80 cents for every additional dollar of income.
The relationship between income and consumption can be quantified with the aid of MPC. MPC is the percentage of a household's extra income that is consumed or spent. For instance, if the marginal propensity to consume is 45 percent, then out of every additional dollar earned, 45 cents are spent.
The benefit of MPC is that it is a multivariable controller that controls the outputs concurrently by accounting for all of the interactions between system variables. The ability of MPC to manage constraints is another strength. Constraints are necessary because breaking them can have unfavorable effects.
Learn more about MPC here : https://brainly.com/question/20376297
#SPJ4
classify the statements as true or false. a. emissions taxes encourage firms to find innovative ways to remove pollution. b. firms generate the same level of pollution regardless of any emissions taxes that are imposed. c. an emissions tax is a type of pigouvian tax. d. environmental standards are typically more efficient than emissions taxes. e. with an emissions tax, firms must pay a fine if they pollute more than the legally specified amount.
The statements mentioned under A, D, and E are true and the statements B and C are false with regard to the emissions taxes.
Emissions taxes can be referred to or considered as the taxes that are charged on the companies by the government or other relevant authorities, when they cause pollution due to emissions over a set standard of the permissible limits.
The emission taxes are sought as an effective way of controlling a bar on the pollution caused by industries and factories due to the regular course of the operations of their business activities within the same environment.
Learn more about emissions taxes here:
https://brainly.com/question/8927328
#SPJ4
Valerie is going to purchase a new car. The car she wants has a list price of $32,495. Valerie is planning to make a down payment of $1,877. Furthermore, she plans to trade in her current car, which is a 2006 Hyundai Sonata in good condition. She will finance the rest of the cost by making monthly payments over five years. She can finance the cost at a rate of 8. 64%, compounded monthly. She will also have to pay 8. 23% sales tax, a $2,243 vehicle registration fee, and a $314 documentation fee. If the dealer gives Valerie 87. 5% of the trade-in price on her car, listed below, approximately how much will Valerie pay in total for her new car? (Round all dollar values to the nearest cent, and consider the trade-in to be a reduction in the amount paid. ).
Valerie will pay $ 35,899.87 as the total cost of financing for the purchase of the new car which includes 60 loan payments amounting to $ 2,698.57 and the total loan interest is $513.57
What is the total cost of financing?The actual money you borrow in addition to the interest that you will have to pay is called the total cost of financing.
In this case, the Auto price is given $32,495
\(\rm loan\,term = \, 60\,months\,(12\times5)\\\\Interest\,rate =8.64\%\\\\Down\,payment = \$1,877\\\\Trade\,in\,value = \$ 28,433 ($32,495\times87.5\%)\\\\\rm\, Sales\,tax = 8.23\%\\\\Title\,,registration\,and\,other\,fees = $ 2,557( \$2,243+ \$314)\\\\Monthly pay : $44.98\\\\\rm\,Total\,loan\,amount = $2,185\\\\\rm\,Sales\,tax = $334.30\\\\\rm\,Upfront Payment = $ 4,768.30\\\\\)
A total of 60 loan payments is equal to $2,698.57, the total loan interest is equal to $513.57, and the total cost (price, interest, taxes, fees ) is equal to $35,899.87
Thus, Valerie has to pay $35,899.87 as the total amount for the purchase of the car.
To learn more about the total cost of financing, refer to the link:
https://brainly.com/question/26011426
A business executive feels the need to win in everything he does, from his business deals, to his golf, and even with his romantic partners. The executive's behavior illustrates a(n):
A business executive feels the need to win in everything he does, from his business deals, to his golf, and even with his romantic partners. The executive's behavior illustrates a(n):need for achievement.
What is need for achievement?Need for achievement can be defined as the way in which a person is determine to achieve their goals or when a person is always eager to achieve their set goals and objectives.
Hence, the personalities display by the business executives is called need for achievement as the executives feels the need to win in everything he does,.
Learn more about Need for achievement here:https://brainly.com/question/27283395
#SPJ1
The market risk premium is 8 percent, and the risk-free rate is 3. 6 percent. The beta of stock i is _____ and the beta of stock ii is _____.
The market risk premium is 8 percent, and the risk-free rate is 3. 6 percent. The beta of stock i is 1 , and the beta of stock ii is 1.5.
The beta of a stock measures the systematic risk of the stock relative to the overall market. The market risk premium is the excess return investors expect from the market as a whole over the risk-free rate, which represents the return on a riskless investment. In this case, the market risk premium is 8 percent, and the risk-free rate is 3.6 percent.
To calculate the beta of a stock, we can use the following formula: beta = (return of stock - risk-free rate) / (return of market - risk-free rate).
We are not given the return of the market or the returns of the two stocks, so we cannot calculate their betas directly. However, we can compare the betas of the two stocks if we assume that their returns are equal to the market return.
If we assume that stock i has a return of 11.6 percent (3.6 percent + 8 percent) and stock ii has a return of 15.6 percent (3.6 percent + 2 x 8 percent), then we can calculate their betas as follows:
Beta of stock i = (11.6% - 3.6%) / 8% = 1
Beta of stock ii = (15.6% - 3.6%) / 8% = 1.5
To know more about risk premium click here
brainly.com/question/14521053
#SPJ11
What amount of capital could be raised by Shoprite
The amount of capital that Shoprite can raise is dependent on various factors. It is to be noted however that "Shoprite Checkers will contribute R888 million, allowing the Shoprite Employee Trust to subscribe for 10% of the stocks, with Shoprite Checkers funding the remaining shares on a notional basis.
Who is Shoprite?Shoprite Holdings Limited is an investment holding company established in South Africa.
The business is a fast-paced consumer products store.
Its primary activity is food retailing, which is supplemented by furniture, medicines, hotels, tickets, digital commerce, financial services, and cellular facilities.
Learn more about Shoprite:
https://brainly.com/question/28071675
#SPJ1
Which of the following is an example of investment in capital?
(a) reinvesting company profits in updated technology
(b)paying for employees to get a graduate degree
(c)providing discount gym memberships to employees to help them stay in shape
(d)providing a medical plan to help employees avoid getting sick and missing work
Answer:
(a) reinvesting company profits in updated technology
Explanation:
Investments in capital refer to spending money to acquire physical assets for use in a business. The acquired assets are expected to assist a company to generate revenue in many financial periods. Investments in capital involve huge sums of money. Businesses may need to borrow to finance investments in capital.
Reinvesting company profits in updated technology is an example of investment in capital. The updated technology is an asset with a useful life of more than one year. It will help generate revenues into the future and make the business more competitive in the mar
A group of four friends spends a day at a local theme park, which has just opened a new attraction with very popular rides featuring new technology. They board one of the rides after waiting for over an hour in line, but about five minutes into the ride the electricity fails, and they are stuck on the ride for a half hour. When the ride finally resumes and concludes, they go to the theme park’s guest services department to complain.
What are the facts?
How does the guest feel?
How would you acknowledge the guest’s feelings?
What would be your solution?
How would you follow up with the guest?
firstly it was totally the system's fault because they can't take risks with electricity in a local theme park as it is a must factor. even if the incident occurred they must have a good backup.
we have already discussed the facts, it was very unpleasant for the guests as they came for enjoying the moment but wasted their time due to system failure and it was very disheartening for all the people gathered there.
acknowledging guests' feelings seems to be very disheartening as they suffered because of the department's negligence and everything that happened was unexpected.
the department should be aware of every basic facility present at that moment and must have options for immediate action if something happens.
most enjoyable aspects of a fashion stylist ?
Answer:
creative, artistic, ambitious, passionate
Explanation:
JohnBoy Industries has a cash balance of $54,000, accounts payable of $134,000, inventory of $184,000, accounts receivable of $219,000, notes payable of $129,000, and accrued wages and taxes of $41,500. How much net working capital does the firm need to fund?
Answer:Net working capital = $152,500
Explanation:
Net working capital = CA– CL
Where CA= Current Assets = Cash + Inventory + Accounts Receivable
and CL= Current Liabilities= Account payable + Notes payable + accrued wages and taxes
CA=$54, 000 + $184,000 + $ 219,000 =$457,000
Current liabilities = Account payable + Notes payable + accrued wages and taxes
CL = $134,000 + $129,000 + $41,500 = $304,500
Net working capital = Current assets – Current liabilities
Net working capital = $457,000 – $304,500= $152,500
Net working capital = $152,500
the cpi was 130.7 in 1990 and 195.3 in 2005. if the cost of household goods in 2005 was $5,400, use the cpi to find the cost of these same household goods in 1990.
Inflation will be 1.21 percent between 2019 and 2020. In 1990, the cost of the items was $3,614.
We know the following from the case:
CPI 2019 = 255.7
CPI 2020 = 258.8
2019–2020 inflation?
CPI 1990 = 130.7
CPI 2005 = 195.3
Price 2005 = $5,400
Price 1990?
We may calculate the rate of inflation using the CPI data for 2019 and 2020 using the following formula:
(CPI Y1 - CPI Y0) x 100 equals inflation.
CPI Y0
In light of the situation, we conclude:
Y1 = 2020
Y0 = 2019
Hence, the inflation rate from 2019 to 2020 is;
(258.8 - 255.7) times 100 equals b.
255.7
1 + inflation
We can use the CPI ratio calculation to get the price of products in 1990, where:
Price Y1 Equals CPI Y1
Price Y0 at CPI Y0
We adopt:
Y0 = 1990
Y1 = 2015
In 1990, the cost of goods was:
195.3 = $5,400
Price Y0 is 130.7.
Y0 price = $3,614
Learn more about cost here:
https://brainly.com/question/30045916
#SPJ4
What is true about the length of a loan’s term?
(1 point
The length of loan's term refers to the period of time over which the borrower is expected to repay the loan.
What is a loan?A loan is a sum of money that is borrowed from a lender with the agreement that it will be repaid with interest over a set period of time. Loans are often used to finance large purchases, such as a home, car, or business venture, that an individual or organization cannot afford to pay for upfront. The terms of the loan agreement include the loan amount, interest rate, repayment schedule, and any additional fees or penalties. The lender may require collateral, such as property or assets, to secure the loan in case the borrower is unable to repay it. Loans can be obtained from banks, credit unions, online lenders, or other financial institutions, and the specific terms and requirements vary depending on the lender and the type of loan.
To learn more about loan, visit:
https://brainly.com/question/1285885
#SPJ1