Suppose a market basket of goods and services includes the goods for two successive years. According to the table, between the years 2012 and 2013, what was the percentage change in the consumer price index? Explain. (Remember to include the total cost of all goods purchased from each year.) Quantity 2012 price 2013 Unit Price

Cola 20 $0.75 $1.50

Blue Jeans 3 $36.00 $42.00

Hamburgers 14 $1.00 $2.50

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What is the most important factor that affects the value of a company? a) cash flow b) earnings c) supply and demand d) number of employees

Solomon chemical company makes three products, b7, k6, and x9, which are joint products from the same materials. in a standard batch of 320,000 pounds of raw materials, the company generates 70,000 pounds of b7, 150,000 pounds of k6, and 100,000 pounds of x9. a standard batch costs $3,840,000 to produce. the sales prices per pound are $10, $14, and $20 for b7, k6, and x9, respectively. (a) allocate the joint product cost among the three final products using weight as the allocation base. (b) allocate the joint product cost among the three final products using market value as the allocation base. (c) allocate the joint product cost among the three final products using weight as the allocation base.

As more people migrated west during the gold rush, what do you think happened to the demand curve in most western markets, holding all else constant? a. there was no shift, nor any increase or decrease in quantity demanded. b. there was no shift, but there was a decrease in quantity demanded. c. the demand curve shifted to the left. d. the demand curve shifted to the right. e. there was no shift, but there was an increase in quantity demanded.