A small nation of 10 people idolizes the TV show American Idol. All they produce and consume are karaoke machines and CD's, in the following amounts:

Karaoke Machines/CD's
(Quantity&Price)/(Quantity& Price)
201410&$40/30&$10
201512&$60/50&$12
1. Using a method similar to that used to calculate the consumer price index, the percentage change in the overall price level is _ . (Note: Use 2014 as the base year, and fix the basket at 1 karaoke machine and 3 CD's.)

2. Using a method similar to that used to calculate the GDP deflator, the percentage change of the overall price level is _ . (Note: Again, use 2014 as the base year.)

3. The inflation rate in 2015 is not the same using the two methods because the_ holds the basket of goods and services constant, while the_ allows it to change.

1. the political environment in india has proven to be critical to company performance for both pepsico and coca-cola india. what specific aspects of the political environment have played key roles? could these effects have been anticipated prior to market entry? if not, could developments in the political arena have been handled better by each company? 2. timing of entry into the indian market brought different results for pepsico and coca-cola india. what benefits or disadvantages accrued as a result of earlier or later market entry? 3. the indian market is enormous in terms of population and geography. how have the two companies responded to the sheer scale of operations in india in terms of product policies, promotional activities, pricing policies, and distribution arrangements? 4. “global localization” (glocalization) is a policy that both companies have implemented successfully. give examples for each company from the case.

Use the following account numbers and corresponding account titles to answer the following question. account no. account title (1) cash (2) merchandise inventory (3) cost of goods sold (4) transportation-out (5) dividends (6) common stock (7) selling expense (8) loss on the sale of land (9) sales which accounts would appear on the income statement?

You estimate that your cattle farm will generate $0.15 million of profits on sales of $3 million under normal economic conditions and that the degree of operating leverage is 2. (leave no cells blank - be certain to enter "0" wherever required. do not round intermediate calculations. enter your answers in millions.) a. what will profits be if sales turn out to be $1.5 million?