Answers
Most likely, Police Services has a sizable union membership and little foreign competition.
What advantages come with joining a union?Employees can bargain with employers about pay, bonuses, health and safety at work, job training, and other work-related problems from a position of power through their union. Unions play a significant role in ensuring that management treats its employees fairly and with respect.
The union is open to everyone :No of their unique citizenship or visa status, employees who live and work in the US are entitled to create or join unions. Employees who reside abroad are subject to the labor laws of their home nation and are infrequently represented by unions established in the US.
To know more about union membership visit:
https://brainly.com/question/399404
#SPJ4
Related Questions
Assume that a gourmet food manufacturer has considered renting a booth at a local mall to sell gift boxes of candy, nuts, and cookies during the holiday season. The fixed costs to rent and operate the booth would be $27,900. The unit contribution margins and sales mix anticipated by the company are as follows: Unit Contribution Margin Sales Mix Candy $1.50 50% Nuts $2.00 30% Cookies $1.00 20% What would be the weighted average contribution margin
Answers
CLA2
This is a complete written report of your portfolio formation in a Word document. Your historical data and relevant derived values in tables can be pasted from your previous calculations in the Excel spreadsheet. Please provide explanations of all calculations and the justifications in Word format. Make sure to also paste all underlying Excel formulae that you used for calculations in the Word document.
1. Once again, provide the data that you presented in answering Part 2 of PA 2.
2. Calculate the mean, variance, and the standard deviation of each security’s annual rate of return.
3. Calculate the correlation coefficient between every possible pair of securities’ annual rates of return.
4. Choose percentages of your initial investment that you want to allocate amongst the five (5) securities (weights in the portfolio).
a. Create embedded formulae which generate statistical properties of the portfolio upon insertion of the weights.
b. Observe the mean, the standard deviation, and the CV of the annual rate of return of the portfolio.
5. Find the combination of the weights that minimizes CV of the portfolio.
a. How does the CV of the optimal portfolio compare with the CVs of its constituents?
b. What is the expected rate of return and standard deviation of the rate of return of the portfolio?
6. Choose different values within the range of the standard deviation of the portfolio, and for each chosen value, locate the corresponding point on the efficient frontier by finding the weights that maximize the expected rate of return of the portfolio.
a. Subsequently, construct the efficient frontier of your portfolio.
7. Assume that you initially invested $1,000,000 in the portfolio and that the distribution of the annual rate of return of the portfolio is normal.
a. What is the distribution of the return of the portfolio 20 years after its formation?
b. Provide the graph of the distribution of the return of the portfolio.
Provide your explanations and definitions in detail and be precise. Comment on your findings. Provide references for content when necessary.
Answers
On April 1 of Year 1, Respawn accepted a $12,000, 12-month, 10% note from a customer in granting a time extension on his past-due
account receivable. Respawn's year-end is December 31. Compute interest revenue recorded by Respawn in Year 1 and Year 2.
Year 1
Year 2
Interest Revenue
Answers
To calculate the interest revenue for year 1, we need to use the formula: Interest = Principle x Rate x Time
Principle = $12,000
Rate = 10% per annum
Time = 9/12 (Since the note was accepted on April 1 and year end is December 31, only 9 months have passed in year 1)
Therefore, Interest = $12,000 x 10% x 9/12 = $900
Respawn would record $900 as interest revenue in Year 1.
Year 2:
For Year 2, we need to calculate the interest based on the remaining 3 months of the note.
Principle = $12,000
Rate = 10% per annum
Time = 3/12 (Since only 3 months are remaining)
Therefore, Interest = $12,000 x 10% x 3/12 = $300
Respawn would record $300 as interest revenue in Year 2.
Note: In both years, the interest revenue would be recorded under the income statement as "Interest Revenue".
QUESTION TWO
a) A bakery bakes cakes under the brand name “super cakes.” Irene Juma, the manageress does not know the cost of each cake. She therefore gathers data on the total cost of each day’s production for the last 10 days. The results are shown in the table below:
Day Number of cakes (‘00’ units) Total cost (Sh. ‘000’)
1 22.5 23.0
2 21.0 21.6
3 27.5 23.3
4 21.5 24.0
5 30.0 28.2
6 20.0 22.4
7 24.0 23.1
8 26.5 25.3
9 18.3 20.1
10 17.0 16.5
Required:
i) Estimate the total cost function using the ordinary least squares method. State the fixed cost and unit cost. (11 marks)
ii) If each cake is sold at Sh. 10, determine the break even number of cakes. (3 marks)
b) Two different models are available for the same machine. The production statistics (number of units produced per hour) of these two models are given below. The data was collected on different days.
Model A: 180, 176, 184, 181, 190, 137,
Model B: 195, 194, 190, 192, 187, 185, 187,
Will you conclude that Model A and Model B have the same productivity (6Marks)
Answers
a) i) Using ordinary least squares, the estimated total cost function for the bakery's "super cakes" is Total Cost (Sh. '000') = 4.07 + 0.81 * Number of cakes ('00' units).
ii) The break-even number of cakes is approximately 21.42 cakes.
b) Model A has an average productivity of 171.33 units per hour, while Model B has an average productivity of 190.71 units per hour. We cannot conclude that they have the same productivity.
a) i) To estimate the total cost function using the ordinary least squares method, we can use the given data on the number of cakes and total cost for the last 10 days. Let's denote the number of cakes as X and the total cost as Y.
Using a linear regression model, we can find the equation of the line that best fits the data. The general form of the linear equation is Y = a + bX, where a represents the fixed cost and b represents the unit cost.
We can calculate the values of a and b using the ordinary least squares method. This involves minimizing the sum of the squared differences between the observed total cost and the predicted total cost based on the equation.
After performing the calculations, we obtain the following results:
a = 4.07 (fixed cost)
b = 0.81 (unit cost)
Therefore, the estimated total cost function for the bakery's production of "super cakes" is:
Total Cost (Sh. '000') = 4.07 + 0.81 * Number of cakes ('00' units)
ii) To determine the break-even number of cakes, we need to find the number of cakes at which the total cost equals the total revenue. Since each cake is sold at Sh. 10, the revenue function can be expressed as Revenue = 10 * Number of cakes ('00' units).
Setting the total cost function equal to the revenue function, we have:
4.07 + 0.81 * Number of cakes = 10 * Number of cakes
Simplifying the equation, we find:
0.19 * Number of cakes = 4.07
Dividing both sides by 0.19, we get:
Number of cakes = 21.42
Therefore, the break-even number of cakes for the bakery is approximately 21.42 cakes.
b) To conclude whether Model A and Model B have the same productivity, we can analyze the production statistics provided for both models. Based on the data, we can calculate the mean (average) number of units produced per hour for each model.
Model A: (180 + 176 + 184 + 181 + 190 + 137) / 6 = 171.33
Model B: (195 + 194 + 190 + 192 + 187 + 185 + 187) / 7 = 190.71
From the calculated means, we can see that Model A has a lower average productivity (171.33 units per hour) compared to Model B (190.71 units per hour). Therefore, based on the given data, we cannot conclude that Model A and Model B have the same productivity.
For more question on function visit:
https://brainly.com/question/2888740
#SPJ8
Suppose that in a certain country called Litigia, patients do not have the legal right to sue their medical insurance providers.
Now, suppose, however, that Litigia's government passes legislation that no longer protects medical insurance providers from lawsuits, so that patients in Litigia can now sue their insurance providers.
After the legislation is passed, what will happen to the price of medical insurance and the number of medical insurance policies sold?
The price will decrease, and the number of medical insurance policies sold will also decrease.
The price will increase, while the number of medical insurance policies sold will decrease.
The price will decrease, while the number of medical insurance policies sold will increase.
The price will increase, and the number of medical insurance policies sold will also increase.
Answers
C) The price will decrease, while the number of medical insurance policies sold will increase.
What is legislation?Legislation is the process by which local, state, or federal legislatures draft and enact laws. It is occasionally used to refer to municipal ordinances as well as the rules and regulations passed by administrative bodies while they were performing their delegated legislative duties.
The legislation involves participation from the executive branch in addition to action by a legislative body. Unless the executive's veto is overridden by a large enough majority in each house of the legislature, legislation cannot become law without the executive's concurrence. Additionally, the executive's job involves much more than just consent or opposition.
Learn more about legislation with the help of the given link:
brainly.com/question/782960
#SPJ1
Find out what the company policy is om communication
Answers
The company policy is on communication is an internal communication policy is a record that summarizes an organization's approach to its internal communication with its employees. The internal policy highlights and recognizes what information can be transferred and communicated.
What are the kinds of workplace communication policies?
There are four prominent kinds of workplace communication: verbal, body, phone and written. During any point in the workday, you are always encountered with at least one
Why are communication policies necessary?A communication policy can, therefore, be an agency for supporting the periodic planning, development and use of the communication system, and its help and possibilities, and for providing that they function efficiently in enhancing national growth.
To learn more about internal communication, refer
https://brainly.com/question/5657333
#SPJ9
Question 12 of 40
What type of producer is a construction worker?
O A. A manufacturer
B. A raw-goods producer
C. A builder
D. A service provider
SUBMIT
Answers
Answer:
a builder
Explanation:
A builder is a type of producer is a construction worker. The appropriate response is option C.
Who is a producer ?Producers are those who cultivate or produce commodities as well as offer services. They assist us in carrying out tasks and are referred to as workers at times. A producer is a type of economic entity that creates or markets products or services. they are the organizations that provide for the economy.
These companies or people create an output by utilizing and integrating the factors of production (land, labor, capital, and technology). The supply side of the marketplace is represented by this production.
Producers are defined even more broadly in certain economics schools and theories, to include federal, state, local, entities. A productive workforce is necessary for an economy to run smoothly.
To learn more about producer
https://brainly.com/question/2648825
#SPj2
First National Bank charges 12.0 percent compounded monthly on its business loans. First United Bank charges 12.2 percent compounded semiannually.
Requirement : Calculate the EAR for each bank. (Do not include the percent signs (%).
Answers
Answer: Thats the right one
Explanation: im not gay
You can earn 3% interest on a CD and 1.25% interest on a savings account.
How much more interest will the CD earn for one year if you make a deposit of
$1,650?
Financial Lit, please help!!
Answers
Answer:
The CD will earn $49.50 more interest than the savings account for one year if you make a deposit of $1,650.
jones manufacturing has current assets of $26,900, net working capital of 8,200 long-term debt of 21, 500 and total equity of 57,800 what is the equity multiplier?
Answers
Answer:
1.7
Explanation:
The computation of the equity multiplier is shown below:
As we know that
Net working capital = current assets - current liabilities
So,
current liabilities is
= $26,900 - $8,200
= $18,700
And,
Total liabilities = current liabilities + long term debt
= $18,700 + $21,500
= $40,200
Now
Total assets = Total liabilities + Total equity
= $40,200 + $57,800
= $98,000
Now
Equity multiplier is
= Total assets ÷ equity
= $98,000 ÷ 57800
= 1.7
What happened to the Oil Industry in Venezuela?
Answers
Answer:
Since 2014, oil production in Venezuela has suffered from a poor oil market and Venezuela's insufficient funding of the industry. ... The Economic policy of the Nicolás Maduro administration did not revive the oil decline, and by 2016, the oil production reached the lowest it had been in 23 years.
Explanation:
In other words the oil industry crashed due to the reasons provided above
Fred and Wilma were divorced in year 1 (before 2019). Fred is required to pay Wilma $12,000 of alimony each year until their child turns 18. At that time, the payment will be reduced to $10,000 per year. In year 3, in accordance with the divorce agreement, Fred paid $6,000 directly to Wilma and $6,000 directly to the law school Wilma is attending. What amount of the payments received in year 3 is income to Wilma
Answers
Answer:
$10,000
Explanation:
There are various points that need to be considered as follows:
1. The person who is making alimony and have distinct payments for the maintenance purpose is eligible for the deductions
2. The person who received alimony and have distinct payments for the maintenance purpose this must be involved in their gross income
So as per the given situation only $10,000 would be considered as the income for the year 3
which of the following statements are correct? check all that apply. expectations of a recession that will reduce economywide corporate profits will likely cause the value of clinton's shares to decline. the dow jones industrial average is an example of a stock exchange where he can purchase bayzer stock. an increase in the perceived profitability of bayzer will likely cause the value of clinton's shares to rise. alternatively, clinton could undertake their financial investment by purchasing bonds issued by the u.s. government. assuming that everything else is equal, a municipal bond issued by a state most likely pays a interest rate than a corporate bond issued by an electronics manufacturer.
Answers
The value of Clinton's shares will probably decrease due to predictions of a recession that will cut business profits across the economy.
He can buy business stock on stock exchanges like the Dow Jones Industrial Average.
In terms of macroeconomics, what are corporate profits?The portion of the total income from current production that is accounted for by U.S. corporations is known as corporate profits.
Are business earnings accounted for in GDP?Someone is paid for the sale of products and services. Therefore, computing the national income, also known as gross domestic income (GDI), which equals the pay for all employees, rent, interest, owners' income, and corporate profits, is another method of measuring GDP.
What is the secret of corporate success?Profit % is calculated using the following equation: Profit percentage = (Profit /Cost Price) x 100.
To Know more about U.S. corporations
https://brainly.com/question/14342791
#SPJ4
Macroeconomic problems are observed... i. On points along the production possibilities frontier
ii. On points beyond the production possibilities frontier
iii. On points within the production possibilities frontier
A. ii and iii
B. i only
C, i and ii
D. ii only
Answers
Macroeconomic problems can be observed at all points along the production possibilities frontier (PPF), whether they are on points within, beyond, or on the frontier itself. Option A ii and iii.
The production possibilities frontier represents the maximum output that can be achieved using the available resources and technology. However, there are various macroeconomic problems that can hinder the economy's ability to reach its maximum potential.
When the economy is operating within the PPF, it means that it is utilizing all its available resources efficiently. However, there may still be macroeconomic problems such as inflation, unemployment, and income inequality. Inflation occurs when there is an increase in the general price level of goods and services, which can reduce the purchasing power of consumers and affect the economy's competitiveness.
Unemployment occurs when there are not enough jobs available for the labor force, which can reduce economic output and result in social problems. Income inequality occurs when there is a significant gap between the rich and the poor, which can create social tensions and limit economic growth.
When the economy is operating beyond the PPF, it means that it is utilizing resources that are not sustainable in the long run. This can lead to macroeconomic problems such as environmental degradation, resource depletion, and debt crisis. Environmental degradation occurs when the economy's activities harm the environment, which can have long-term consequences on the health and well-being of society.
Therefore, the correct answer to the question is (A) ii and iii, as macroeconomic problems can be observed both on points beyond and within the PPF. Option A
For more such questions on production visit:
https://brainly.com/question/7924898
#SPJ11
operations management course concept
Answers
The operations management course concept refers to the systematic design, direction, and control of the processes that transform inputs such as raw materials, energy, and labor into outputs such as goods and services that satisfy customer needs.
This management process includes inventory management, scheduling, supply chain management, quality control, and more. The goal of operations management is to create efficient processes that maximize productivity while minimizing costs.
Students taking an operations management course learn about these concepts and how to apply them to real-world situations in various industries. They also study topics like process design, project management, lean principles, and decision-making models.
The course is usually offered as a part of business administration, engineering, or industrial technology programs. Graduates of the course may go on to careers as operations managers, logistics managers, supply chain analysts, process improvement specialists, or manufacturing engineers, depending on their areas of focus and interests.
For more questions on: customer
https://brainly.com/question/15096946
#SPJ8
Which of the following is true of a good benefits plan?
a. It is generally inexpensive to buy and administer.
b. It will stimulate higher performance levels.
c. It will encourage people to join an organization.
d. It will include redundancies in coverage.
e. It allows for smaller pay increases.
Answers
Answer:
C
Explanation:
The following is true of a good benefits plan it will encourage people to join an organization. The correct option is c.
What are the benefits of motivated employees?There are several benefits to having a motivated workforce, including lower absenteeism rates, employee retention rates, low staff turnover rates, improved management-worker relationships, higher worker performance, improved quality, and enhanced customer service.
A good benefits plan is an essential part of an organization's compensation strategy. It can be used to attract and retain talented employees and can be a competitive advantage in the job market. A well-designed benefits plan can also help to improve employee morale, motivation, and job satisfaction. While it may require a significant investment, a good benefits plan can provide a good return on investment for the organization.
Thus, the ideal selection is option c.
Learn more about motivated employees here:
https://brainly.com/question/30290742
#SPJ2
What is one way investment consultants protect their clients’ money during periodic performance reviews?
Answers
Answer:
Investment consultants check that the portfolio manager's performance was based on skill investing in the agreed-upon stocks or sectors
Explanation:
because it is
In a bid to ensure that money is adequately channeled and client's finances are safe, investment consultant analyses the stocks and portfolio's in other to ensure they are based on the advise offered and agreed upon.
The investment consultant offers expert advise on profitable stocks and portfolio's which could be invested in. The portfolio manager handles and monitors client's investment and finances. Hence, the investment consultant and portfolio manager work hand in hand in other to ensure that the right stock is chosen and invested in.Therefore, investment consultant ensures that portfolio managers do not deviate from the agreement made.
Learn more : https://brainly.com/question/11131348
Whipple Corp. just issued 325,000 bonds with a coupon rate of 6.29 percent paid semiannually that mature in 30 years. The bonds have a YTM of 6.73 percent and have a par value of $2,000. How much money was raised from the sale of the bonds? (Round your intermediate calculations to two decimal places and final answer to the nearest whole dollar amount.)
Answers
Answer:
la bilirrubina me duve a 100
Dylan is a manager at a leading consumer electronics company. In his role, he must frequently interact with industry partners and customers. One day, Dylan met with a customer of one of his company’s custom products. The custom product was a special chip for an electronic appliance that was currently in its final stages of review before market release. During the meeting, the customer wanted to know the method of making the chip, a process which was not specified in the given datasheet. The client claimed this information was needed to ensure that the chip would function properly when it was integrated with electronic appliances.
At first, Dylan was uncertain. He wanted to give his customer more details if it was for the benefit of his client’s final product, but, at the same time, was concerned because the requested information was protected under his company’s non-disclosure agreement (NDA).
Dylan decided to discuss the matter with his supervisor; however, Dylan’s manager was overseeing many projects and, knowing that Dylan was capable and experienced, entrusted him to take care of the situation. When he returned to work the next day, Dylan received an email from his customer. The message stated that, if the chip’s manufacturing methodology was not disclosed, the customer would cease further investments in the product.
Shocked, Dylan believed that if the customer could not abide by the NDA, he should tell the contract should be broken off. However, doing so would mean losing a significant amount of profit they had intended on garnering from selling the chip. On the other hand, sharing confidential information with his customer could cause negative repercussions, especially if his company were to discover the legal breach.
Although it is highly unlikely that the extra chip information would be used by Dylan’s client for malicious purposes, its disclosure co uld potentially affect his company’s reputation, lead to mistrust in the company and compromise Dylan’s position. What should Dylan do?
Question :
write the three different senarious describing what Dylan might do if he applied each of the three frameworks. More specifically decribe Dylan action if he applied the utilitarianism, the principle-based, and the virtue-based models.
Answers
As the customer is pestering Dylan to reveal the Chip information to him, then, by virtue of upholding the non-disclosure agreement, Dylan should void the contract and move on.
What is a non-disclosure agreement?This refers to the contract by which both parties agree not to disclose confidential information that they have shared with each other as a necessary part of doing business together.
In a legal contract, the non-disclosure agreement creates the legal framework to protect ideas and information from being stolen or shared with competitors or third parties.
The act of violating the non-disclosure agreement leaves a party open to lawsuits from the employer and could be required to pay financial damages or legal costs.
Because the customer pestered for revealing the Chip information to him, then, by virtue of upholding the non-disclosure agreement, Dylan should void the contract and move one.
Read more about non-disclosure agreement
brainly.com/question/19451955
#SPJ1
The adjusted trial balance of Sunland Company shows these data pertaining to sales at the end of its fiscal year, October 31, 2022: Sales Revenue $903,400; Freight-Out $13,700; Sales Returns and Allowances $22,000; and Sales Discounts $15,400. Prepare the sales section of the income statement.
Answers
Net Sales Revenue for Sunland Company: $865,000 (Sales Revenue $903,400 - Returns $22,000 - Discounts $15,400).
Income Statement - Sales Section (For the fiscal year ended October 31, 2022)
Sales Revenue: $903,400
Less: Sales Returns and Allowances: $22,000
Less: Sales Discounts: $15,400
Net Sales Revenue: $903,400 - $22,000 - $15,400 = $865,000
The sales section of the income statement for Sunland Company reflects the following figures for the fiscal year ended October 31, 2022:
Sales Revenue: $903,400
Less: Sales Returns and Allowances: $22,000
Less: Sales Discounts: $15,400
Net Sales Revenue: $865,000
The Sales Revenue represents the total amount of sales generated by Sunland Company during the fiscal year.
Sales Returns and Allowances account for any merchandise returned by customers or allowances granted due to defective products or other reasons.
Sales Discounts account for the reduction in the selling price offered to customers for early payment or other negotiated discounts.
By subtracting the Sales Returns and Allowances and Sales Discounts from the Sales Revenue, we arrive at the Net Sales Revenue figure.
For Sunland Company, the Net Sales Revenue amounts to $865,000, which represents the total sales revenue after deducting returns, allowances, and discounts.
This figure is significant for assessing the company's performance and analyzing its sales activities.
For more such questions on Net Sales Revenue
https://brainly.com/question/32096169
#SPJ8
The table below provides the interest rate and inflation for four scenarios. One-hundred dollars was deposited into a savings account a year ago. The value of that savings is now less than $100. Which of the following scenarios must have happened?
Answers
Answer:
C) Each successive year, 1% of the current value is added to the value of the account.
Explanation:
The comparative balance sheets for 2021 and 2020 are given below for Surmise Company. Net income for 2021 was $88 million.
Required:
Prepare the statement of cash flows of Surmise Company for the year ended December 31, 2021. Use the indirect method to present cash flows from operating activities because you do not have sufficient information to use the direct method. You will need to make reasonable assumptions concerning the reasons for changes in some account balances. A spreadsheet or T-account analysis will be helpful. (Hint: The right to use a building was acquired with a seven-year lease agreement. Annual lease payments of $8 million are paid at January 1 of each year starting in 2021.) (Enter your answers in millions (i.e., 10,000,000 should be entered as 10). Amounts to be deducted should be indicated with a minus sign.)
Please see attachment for comparative balance sheets
Answers
It can be deduced that the cash flow shows that the net cash provided by operating activities will be $58 million.
How to compute the statement of cash flowCash flow from operating activities
Net income = $54 million
Add: Depreciation $15 million.
Add: Bad debt = $6 million
Add: Amortization expense = $3
Changes in operating assets and liabilities
Decrease in account receivable = $4 million
Increase in inventory = ($9 million)
Increase in prepaid expense = ($2 million)
Decrease in account payable = ($10 million)
Decrease in accrued liability = ($3 million)
Net cash provided by operating activities = $58 million
In conclusion, the net cash provided by operating activities is $58 million.
Learn more about cash flow on:
https://brainly.com/question/735261
Can you help me
please
Answers
Answer:
united nation childrens funds
Explanation:
i hope it helpful
Which of the following actions is a good example
of protecting sensitive information? Check all of
the boxes that apply.
using a paper shredder to discard documents
that contain personal medical information
keeping patient files in a secure electronic file
system with limited access
maintaining a confidential patient consultation
area in a doctor's office
discussing private matters with patients in the
waiting room
Answers
Answer:
A,B,C
Explanation:
Answer:
“Using a paper shredder to discard documents that contain personal medical information”, “Keeping patient files in a secure electronic file system with limited access” and “Maintaining a confidential patient consultation area in a doctor’s office”
Explanation:
The following graph input to live shows the daily demand for hotel rooms at the lakes hotel and casino in Atlantic City, New Jersey. To help the hotel management, better understand the market, and economic, just identify the three primary factors that affect the demand for rooms each night. These demand factors, along with the values corresponding to the initial demand curve, are shown in the following table and alongside the graph input tool.
Demand factor: average American household income
initial value : $40,000 per year
Demand factor : round trip airfare from New Orleans (MSY) to Atlantic City (ACY)
Initial value: $200 per round trip
Demand factor: room rate at the mountaineer hotel and casino, which is near the lakes
Initial value: $200 per night
If average household income increases by 50%, from $40,000-$60,000 per year, the quantity of rooms demanded at the Lakes (falls/rises) from __ rooms per night to ___ rooms per night. Therefore, the income elasticity of demand is (negative/positive) , meaning that hotel rooms at the lakes are (a normal good/ inferior good).
If the price of a room at the Mountaineer were to decrease by 20%, from $200-$160, while all other demand factors remain at their initial values, the quantity of rooms demanded at the lakes (falls/rises) from __ rooms per night to ___ rooms per night. Because the cross price elasticity of demand is (negative/positive), hotel rooms at the Lake and hotel rooms at the Mountaineer are (complements/substitutes).
Lakes is debating decreasing the price of its rooms to $275 per night. Under the initial demand conditions you can see that this would cause its total revenue to (decrease/increase) . Decreasing the price will always have this effect on revenue when lakes is operating on the (elastic/inelastic) portion of its demand curve.
Answers
The factors that affect the demand for rooms each night are:-
Price of the roomsIncome of the consumerchanges in taste and fashionWhat is demand?In economics, demand is the amount of a good that consumers are willing and able to buy at various prices at any given time. The demand curve is the relationship between price and quantity demand.
If average household income increases by 50%, from $40,000-$60,000 per year, the quantity of rooms demanded at the Lakes rises from $300 rooms per night to $400 rooms per night. Therefore, the income elasticity of demand is positive meaning that hotel rooms at the lakes are normal good.
If the price of a room at the Mountaineer were to decrease by 20%, from $200-$160, while all other demand factors remain at their initial values, the quantity of rooms demanded at the lakes rises from $300 rooms per night to $350 rooms per night. Because the cross price elasticity of demand is negative, hotel rooms at the Lake and hotel rooms at the Mountaineer are complements.
Lakes is debating decreasing the price of its rooms to $275 per night. Under the initial demand conditions we can see that this would cause its total revenue to decrease. Decreasing the price will always have this effect on revenue when lakes is operating on the elastic portion of its demand curve.
To learn more about demand, click here:
https://brainly.com/question/29703449
#SPJ1
Let's say you are ordering food for your wedding reception, and you sent out 150 invitations. Everyone RSVP'd, with120 people saying they would attend. You know however that not everyone who RSVP'd will actually show up; there are always, always, always some no-shows (at least from the question-writers experience). Thus you expect to need 100 meals. But just to be safe, you plan to order 110 meals, estimating this is a 90% service level (accepting a 10% probability you'll run out). You discuss this with your fiance who is adamant about increasing your service level to 99%.
Required:
How many meals should you order for a 99% service level?
Answers
The number of meals to order for a 99% service level is 121 meals.
What is the service level?The service level is the percentage of services that can be provided to guests or customers on a given occasion or within a given period.
It can also describe the percentage of meals that a host estimates to serve her guests at a party.
Data and Calculations:Number of invitations sent out = 150
Number of RSVPs received = 120
Expected number of meals to serve = 100
The safety level of meals to serve = 110
The estimated service level at 110 meals = 90%
The Fiancé's estimated service level to attain = 99%
The number of meals to order for a 99% service level is 121 meals (110/90% x 99%).
Thus, the meals that you should order for a 99% service level is 121 meals.
Learn more about estimating service levels at https://brainly.com/question/4312911
Answer:
According to the case, the five kinds of share are directly relevant and can be calculated from the provided information are:
1. Authorized Capital
2. Issued Capital
3. Un-issued Capital
4. Subscribed Capital
5. Called-up Capital
Explanation:
Authorized Capital:
The authorized capital is known as the registered capital of the company, Authorized capital is the maximum amount of share that a company is authorized to issuing share to its shareholders.
In this case, the Alpha limited company registered on 5th January 2023 with the capital of 500,000 which is divided into 25,000 ordinary shares and the value of each share is Rs. 20.
Issued Capital:
The issued share capital of company is monetary value of shares which legally offers by company to its shareholders.
In this case, the Alpha limited company on 20th of January offered for sale to the public from authorized capital. The company put forward 15,000 and the value of each share is 20 Rs. Consequently, the company’s issued capital is 300,000 Rs (15,000 shares x 20 Rs.) .
Un-issued Capital:
The un-issued share capital reflects the part of authorized capital stock that the company has not yet issued to the public.
In this case, the Alpha limited company has not issued his 10,000 shares, and the value of each share is 20 Rs so its total un-issued capital is Rs. 200,000 (10,000 shares x 20 Rs.).
Subscribed Capital:
The subscribed capital is the portion of issued capital for which the public has been subscribed and the company has accepted.
In this case, the Alpha limited company on 23rd January received applications for 14,500 shares from the public which informed by company’s bank, so the subscribed capital is Rs. 290,000 (14,500 shares x 20 Rs.).
Answers
The five kinds of capital that are directly relevant are:
Authorized Capital: Rs. 500,000Issued Capital: Rs. 300,000Un-issued Capital: Rs. 200,000Subscribed Capital: Rs. 290,000Called-up Capital: Rs. 290,000What is a called-up capital?The called-up capital refers to the portion of the subscribed capital that the company has demanded and the shareholders are required to pay.
In this case, the Alpha limited company called up the entire subscribed capital of Rs. 290,000 on 25th January. Therefore, the called-up capital is also Rs. 290,000.
Summarily,
- Authorized Capital: Rs. 500,000
- Issued Capital: Rs. 300,000
- Un-issued Capital: Rs. 200,000
- Subscribed Capital: Rs. 290,000
- Called-up Capital: Rs. 290,000
learn more about capital: https://brainly.com/question/13372465
#SPJ1
Department 1 of a two department production process shows: Units Beginning Work in Process 10,000 Ending Work in Process 50,000 Total units to be accounted for 160,000 How many units were transferred out to Department 2?
Answers
Answer:
20000 for ending work 100000 total & 320000 are accounted for
Elena says that 6% interest compounded semi-annually is the same as 1% interest compounded every month: she reasons they are the same because they are both a 12% nominal annual interest rate. Is Elena correct that these two situations both offer a 12% nominal annual interest rate?
Answers
Elena is not correct in the two situations.
What is the effective annual rate?Effective annual rate is the interest rate when the effects of compounding is taken account for. In order to determine if Elena is correct, the effective annual rate has to be calculated.
Effective annual rate = (1 + APR / m ) ^m - 1
M = number of compounding
(1 + 0.12 / 12)^12 - 1 = 12.68%
(1 + 0.12 / 2)^2 - 1 = 12.36%
To learn more about the effective annual rate, please check: https://brainly.com/question/4064975
A. Think of a product and describe the stages of production the product goes through.