|food |clothing | |2002 price |$4 |$10 | |2003 price |$6 |$20 | a. What are the percentage increases in the price of food and in the price of clothing? b. What is the percentage increase in the CPI? c. Do these price changes affect all consumers to the same extent? Explain. [ii]. Which is likely
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Question 5 – Transfer Price Division A‚ which is part of the ACF Group‚ manufactures only one type of product‚ a Bit‚ which it sells to external customers and also to division C‚ another member of the group. ACF Group’s policy is that divisions have the freedom to set transfer prices and choose their suppliers. The ACF Group uses residual income (RI) to assess divisional performance and each year it sets each division a target RI. The group’s cost of capital is 12% a year. Division A Budgeted
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Price controls are usually justified as a way to help consumers‚ but those who advocate them often ignore their incentive effects. Consider‚ for example‚ rent controls‚ a popular form of a price ceiling. If the demand curve and the short-run supply curves are inelastic‚ then a sizable drop in rents may result in a very small shortage. The benefits to consumers (lower prices) will‚ in the judgment of most‚ clearly outweigh the costs to consumers (less housing). Further‚ the short-run supply of housing
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Better About Drugs As we know‚ all countries in the world prohibited hard drug‚ but it means that we are safe and far from drugs? Definitely not! Drug eliminated from aboveboard; still lived under the night. Prescription drug abuse is the Nation’s fastest-growing drug problem; smuggling of drug can never disappear (2011 National Drug Control Strategy 4). By the way‚ women’s involvement in drug trafficking in recent years has expanded dramatically (Campbell 233). Spreading of Drug decreases
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Theme of Bride Price The Bride Price‚ a story written by Buchi Emecheta‚ reflects a misery life of a Nigerian girl‚ Aku-nna. The absent of her father in the family had dramatically changed her life. Her bride price that she would get before getting married caused many troubles within her family. After reading this story‚ we can see the practice of customs‚ the system of value and the belief of local Nigerians are the main themes discussed in the story. First of all‚ it ’s about practice of customs
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time to work so tablets should not be taken if pain needs to be relieved quickly. Chewable aspirin can be chewed‚ crushed or swallowed whole but after being consumed the consumer should drink full glass of water. There are many uses for Aspirin. Prescription Aspirin is used to relieve symptoms of rheumatoid arthritis‚ arthritis caused by the swelling of the lining of joints‚ osteoarthritis‚ arthritis caused by breakdown of lining of joints‚ systemic lupus erythematosus‚ the immune system attacks joints
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you be certain that your expectations would be met? 2. If most investors expect the same cash flows from Companies A and B but are more confident that Company A’s cash flow will be close to their expected value‚ which should have the higher stock price? Explain. 3. When is a stock said to be in equilibrium? At any given time‚ would you guess that most stocks are in equilibrium as you defined it? Explain. 4. Suppose three completely honest individuals gave you their estimates of Stock X’s intrinsic
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Introduction to the Problem Drug addiction has been growing globally since World War II. Drugs was first take for the purpose of treating wounds and aches. But later on they find that consumimg a large amount of drugs more than the priscription makes them more ralaxed and make them more pleasurable and become high and it is the start of abusing a such drugs.Nowadays drug addiction enter someones life without observing and knowing its possible effect and results. People
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is drugg dealing INTRODUCTION In this final paper I will be describing how drug dealing is a global problem that affects the entire world. As we know drugs are becoming more common than before‚ with this new generation and new technology drug dealers are capable of developing new drugs that leads to high rates of addiction‚ crime‚ aids‚ puberty‚ prostitution‚ death‚ etc. Illegals drugs such as marihuana‚ cocaine‚ heroin‚ ecstasies are taking control of our society‚ and the health
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modern war on drugs has been going on the America since the 1970s with the stated goal of creating a drug-free America. However in the span of 40 plus years dedicated to fighting a war of drug prohibition with $1.5 trillion dollars estimated to have been spent in the process the results are less than satisfactory. Regardless of the multiplying millions of dollars allocated to drug enforcement each year addiction rates in America have not fallen at all since the start of the modern drug war by President
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