Suppose that consumers purchase fish and cellphones. In 2010, one pound of fish costs $1, a cellphone costs $1 and the typical consumer buys 10 pounds of fish and 10 cellphones. In 2011, one pound of fish costs $2, a cellphone costs $0.50, and the typical consumer buys 5 pounds of fish and 20 cellphones. In 2012, one pound of fish costs $2.10, a cellphone costs $0.90, and the typical consumer buys 12 pounds of fish and 20 cellphones. Using 2010 as the base year, the inflation rate between 2011 and 2010 is percent.

Sarah needs to complete financial aid packets. during which school year would she do this? sophomore freshman senior junior

Which of the following statements is true of unsought products? as compared to convenience products, unsought products are purchased more frequently. unsought products are consumer products and services that customers usually buy frequently, immediately, and with minimal comparison and buying effort. a life insurance policy is an example of an unsought product. unsought products have strong brand identification for which a significant group of buyers is willing to make a special purchase effort. unsought products are those products purchased for further processing or for use in conducting a business.

Amanager of a store that sells and installs spas wants to prepare a forecast for january and june of next year. her forecasts are a combination of trend and seasonality. she uses the following equation to estimate the trend component of monthly demand: ft = 30+5t, where t = 1 in january of this year. seasonal relatives are 0.60 for january and 1.50 for june. what demands should she predict for january and june of next year