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Gnesinka [82]
1 year ago
11

Your entertainment price index (EPI) was computed based on three goods: movie tickets, popcorn, and limeade. If you change the q

uantity of these goods from this year to next year and the prices of two of the three goods increase while the other price falls, then:
Business
2 answers:
zhuklara [117]1 year ago
7 0

Answer:

The entertainment price index (EPI) might rise or fall depending on which products or services are more expensive and their relative weight in the EPI.

Explanation:

A consumer price index, or in this case a personal entertainment price index, is based on a basket of goods (movie tickets, popcorn and limeade) and each good is assigned a relative weight on the basket. Not all goods are assigned the same weight, for example movie tickets are more relevant than popcorn and limeade since you consume popcorn and limeade when you go to the movies.

So a price increase in movie tickets will affect the EPI much more than a price increase in limeade or popcorn. Since we are not given any information about what prices increased, the change can go either way.

DaniilM [7]1 year ago
4 0

Answer:

Your entertainment price index (EPI), might fall or rise, contingent on both the quantity of the goods that you bought and the prices of these goods.

Explanation:

Price index is used extensively to estimate changes in prices overtime and are also used to measure differences in costs among different areas of countries.

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Elena has been absent without excuse twice during the past month. Her manager calls her into his office and issues a written​ wa
Leona [35]

Answer:

Basic corrective action

Explanation:

Basic corrective action is undertaken by management to its staff or employees in order to eliminate further recurrence of non-conformity with organization procedures, rules and policies. The written warning to Elena is an example of basic corrective action in order for her to stop absenteeism from work.

3 0
2 years ago
. Which statement in the given text points to George being an ethical leader? George had been working as a manager in a company
SIZIF [17.4K]

Answer:

His company had been going through a lot of transition in the past year because they wanted to improve their public image.

George made sure that the restaurant served all the dishes that were popular in the locality.

Explanation:

An "ethical leader" is concerned about the beliefs and values of people in the society. In order to adapt to locality, George has to consider the company's virtues by improving their public image. This will make their restaurants desirable. This can also be done if the restaurants will make sure <u>to know what the popular dishes are in the local area.</u> For example, if the people prefer "halal" food, then they'll be preparing halal foods as well. This is an ethical way of respecting the people's preference in the area.

So, this explains the answers.

6 0
2 years ago
There are two aspects of efficiency that the equilibrium of market for loanable funds exhibits. Select the TWO statements that c
Mashutka [201]

Answer:

a. Savers who lend money are willing to accept a lower minimum interest rate than potential savers who do not lend money.  

b. Investment projects that are financed by savers have larger rates of return than projects that do not receive financing.  

Explanation:

Loanable funds refer to the aggregate amount of money that all sectors, entities and individuals within an economy have decided to keep as an investment, instead of spending on personal consumption, by saving and giving them out as loans to borrowers.  

The market for loanable funds is in equilibrium when the supply of loanable funds by the saver is equal to demand for loanable funds by the borrowers at a given interest rate.

When the market for loanable funds is in equilibrium, efficiency is maximized because projects that have higher rates of return are given priority to be funded first before the projects with lower rates of return are funded. The reason is that savers that have lowest costs of lending provides funds for the projects that have highest return rates in equilibrium. However, potential saver who do not lend money will prefer a higher interest rates.

Therefore, the correct options related to the two aspects of efficiency that the equilibrium of market for loanable funds exhibits are as follows:

a. Savers who lend money are willing to accept a lower minimum interest rate than potential savers who do not lend money.  

b. Investment projects that are financed by savers have larger rates of return than projects that do not receive financing.  

5 0
2 years ago
Houston repeatedly promised his daughter, Allyson, that he would pay one-half of the costs for Allyson to attend a private, hist
notsponge [240]
It is 1 3/4 because I know it
8 0
2 years ago
16. Which of the following cuts is ideal for smoking?
Ludmilka [50]

[ Answer ]

\boxed{Brisket}

[ Explanation ]

Brisket - Cut from breast or lower chest. Brisket comes from a cow or veal

Brisket is ideal for smoking because of its high fat content. When smoking meat, if the meat does not have lots of fat and is thing, the smoking process can dry out the meat. With brisket, the meat is very fat, causing the meat not to dry out and getting a tender juicy flavor.

When lighting a campfire or barbecue, you may notice lots of smoke. The smoke may affect your breathing, make you thirsty, or dry you out. This is the same affect of the meats. The smoke provides lots more flavor for the meat, and dries it out, if there is not enough fat on the meat.

\boxed{[ \ Eclipsed \ ]}

7 0
2 years ago
Read 2 more answers
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