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Gnesinka [82]
2 years 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]2 years 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]2 years 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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Pear Corporation is considering Alternative A and Alternative B. Costs associated with the alternatives are listed below: Altern
Serga [27]

Answer:

Yes

Explanation:

The analysis will need to compare all categories of cost.

It will calculate the difference in cost for each category and then add them for the total difference. That way, the company know which alternative is better.

                     AlternativeA Alernative B Diffence

Direc Materials         40                    56 -16

Processing Cost          37                    37 0

Equipment Rental           13                     13 0

Occupancy Cost           15                     22 -7

                                105                   128 -23

6 0
2 years ago
Regardless of the criteria differences among different types of projects, typically the most important criterion for project sel
natima [27]

Answer:

the project fits to the organization strategy.

Explanation:

A project can be defined as a set of actions which typically involves the process of designing, developing, planning, execution and implementation of these plans for the creation of a product or creative work.

There are various criteria that are to be considered when selecting a project and these are;

1. Availability of resources.

2. Probability of success.

3. Economic policies.

4. Target market.

5. Availability of data and capital.

Regardless of the criteria differences among different types of projects, typically the most important criterion for project selection is to determine if the project fits into the organization's strategy.

This is to ensure that the aim, goals, and objectives defined by the organizational strategy is in tandem with the project before it would be selected and approved by the top executives or senior management of an organization.

4 0
2 years ago
Mike is the Director of Human Resources for a 120-employee family-owned manufacturing firm. Mike has been quite busy the last ye
inn [45]

Answer:

A. Assuming that employees would understand the content of the PowerPoint slides

Explanation:

One of the most common mistakes that can be made is assuming that the receiver on the other end of the communication chain would understand quite well, what message, you as the sender, is passing across.

In the scenario cited in the question above, the new benefit offerings that have been developed after the overhauling, of which Mike has taken his time to explain in a power point presentation just few months before employees would be required to enroll for the program, must have been misunderstand by the employees. The multiple emails reveals that the employees do not really understand the content, and this comes as a surprised to Mike. We can infer that Mike must have made the mistake of assuming that the employees would understand the content of the PowerPoint slides.

3 0
2 years ago
"what kinds of misunderstanding are likely to arise between an american company and a saudi enterprise, neither of which has exp
cestrela7 [59]
On the off chance that an American organization has a solid female nearness at that point there might be troubles because of the limitation puts on ladies in Saudi culture. Additionally, the Saudi predisposition against what they see as modest work could cause issues if an American organization does not comprehend it. Since American organizations have a tendency to advance construct more in light of experience it could cause issues that the Saudi depend more on family and individual associations
7 0
2 years ago
In March, stockholders of Herbalife Nutrition approved a 3-for-2 stock split. After the split, how many shares of Herbalife stoc
Anna11 [10]

Answer:

600 shares

Explanation:

If a 3-for-2 stock split will take place, for every 2 stocks that an investor has, he will receive three stocks. So this specific investors who owns 400 stocks will receive:

(400 / 2) x 3 = 200 x 3 = 600 stocks.

After the 3-for-2 stock split, the company will have 50% more stocks outstanding and the price of each stock should be reduced by one third. So the investor shouldn't earn any profit from this split since the market value of the investment should remain about the same (stock prices change daily whether the split takes place or not).  

4 0
2 years ago
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