subject
Business, 28.12.2019 04:31 nadia00738

D. assume that the mix of goods in a basket is kept constant for long periods. if the price of one good rises very rapidly over several years, what will happen to the relative importance of the other goods in the basket? is this a problem?

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 18:20
Which of the following accurately describes a situation in which consumers have elastic demand? a. a restaurant starts using margarine instead of butter because butter becomes more expensive. b. consumers boycott a restaurant because the waiters aren't paid minimum wage. c. a company starts using sugar instead of corn syrup because its revenues are up. d. people give up eating pasta and bread because they want to lose weight. 2b2t
Answers: 1
question
Business, 22.06.2019 15:40
The cost of direct labor used in production is recorded as a? a. credit to work-in-process inventory account. b. credit to wages payable. c. credit to manufacturing overhead account. d. credit to wages expense.
Answers: 2
question
Business, 22.06.2019 21:00
China's new 5 percent tax on disposable wooden chopsticks, reflecting concerns about deforestation, has been praised by environmentalists. the move is hitting hard at the japanese, who consume 25 billion set of wooden chopsticks annually. almost all of the chopsticks used in japan come from china. the reuirements for chinese manufacturers of wooden chopsticks to pay the 5 percent tax is a factor in their external environment.
Answers: 3
question
Business, 22.06.2019 22:40
Effective capacity is the: a. capacity a firm expects to achieve given the current operating constraints.b. minimum usable capacity of a particular facility.c. sum of all the organization's inputs.d. average output that can be achieved under ideal conditions.e. maximum output of a system in a given period.
Answers: 1
You know the right answer?
D. assume that the mix of goods in a basket is kept constant for long periods. if the price of one g...
Questions
question
Computers and Technology, 29.09.2020 03:01
question
Mathematics, 29.09.2020 03:01
question
Spanish, 29.09.2020 03:01
question
Mathematics, 29.09.2020 03:01
question
Mathematics, 29.09.2020 03:01
question
History, 29.09.2020 03:01
Questions on the website: 13722365