Table 24-10 The Table Below Shows the Prices of Baseballs and Baseball

question 323

Multiple Choice

Table 24-10
The table below shows the prices of baseballs and baseball bats for three years. Assume the typical consumer's basket consists of 6 baseballs and 2 baseball bats.
-Refer to Table 24-10. The inflation rate was

• A)10.03 percent in 2009 and 17.43 percent in 2010.
• B)17.00 percent in 2009 and 32.50 percent in 2010.
• C)10.03 percent in 2009 and 29.20 percent in 2010.
• D)17.00 percent in 2009 and 29.20 percent in 2010.

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Definitions:

Nonprogrammed Decisions

Decisions that are made in response to unique, non-routine, and unpredictable situations.

Cavanagh's Criteria Questions

A set of questions developed to assist in ethical decision-making by evaluating the legality, consistency with company values, and the likely impact of a decision on stakeholders.

Ethics

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