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Q: What do you think has AA greater effect on the consumer price index a 10 percent increase in the price of chicken or a 10 percent of caviar.why?
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What do you think has a greater effect on the consumer price index a 10 percent increase in chicken or a 10 percent increase in caviar?

Chicken. Most people do not buy caviar. So the total amount spent on chicken is much greater than the total spent on caviar (even though caviar is more expensive). Therefore, in terms of the basket of consumer shopping, chicken is much more important had has more weight in the price index. This means an increase in the price of chicken will have a much greater impact on the index as the same percentage increase on caviar.


If the number of producers increase what would happen to the consumers?

there will be an increase in total and market supply, therefore allowing a greater choice to the consumer; that is - you will a greater range of products to choose from! :)


How did the population increase help the nations industrialists?

Provided people with abundent work force and also created greater demands for the consumer goods manufactered by factories


What are the levels of classification for a greater prairie chicken?

The greater prairie chicken is a bird that belongs to the grouse family. Its classification is that it belongs to the class Aves, order Galliformes, family Phasianidae, and species Tympanuchus cupido. The greater prairie chicken is found in prairie regions of North America.


What is the benefit of greater organization?

Increase in productivity


What bird is in the movie paperman?

It's the North American Heath Hen, related to the Greater Prairie Chicken, but not an actual chicken.


What is the scientific name for the prairie chicken?

There are two birds known as a Prairie Chicken with different scientific names: * Greater Prairie Chicken: (tympanuchus cupido) * Lesser Prairie Chicken: (tympanuchus pallidicinctus)


Which of the following would result in an increase in GDP apex?

Greater levels of iinvestment


Which is greater an increase of 5 degrees Fahrenheit or an increase of 5 degrees celsius?

The increase of 5 Celsius degrees is a greater increase.Celsius degrees are 1.8 times the size of Fahrenheit degrees.


What resulted in the increase of GDP?

Greater levels of investment


What happens when he supply of a noperishable good is greater than the consumer wants to buy?

The price will decrease until the supply decreases or the consumer wants more of it.


How does greater prairie-chicken survive in the grassland?

they definitely eat worms or producers