Answer:
- <u><em>c. The price of cheese increases</em></u>
Explanation:
Since the resources (money) are limited, the students have to choose among the three options they like to eat from the <em>food establishments on campus.</em>
- <em>pepperoni pizza,</em>
- <em>bean and rice burritos, and</em>
- <em>hamburgers (made from beef) </em>
<em />
Reasonably, they will choose to eat the food that optimizes the use of their money, i.e. they search to optimize the utility they receive.
Since cheese is a fundamental ingredient of pizza, <em>if the price of cheese increases</em>, the price of pepperoni pizza shall increase.
Thus, students will swift from eating pepperoni pizza to eating more food from the other establishments on campus, including hamburguers (made from beef).
Therefore, <em>if the price of cheese increases, most likely the quantity of hamburgers sold will increase.</em>
Answer:
17.10%
Explanation:
The computation of the cost of equity is shown below:
In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below
Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)
= 6.10% + 1.25 × 8.8%
= 6.10% + 11%
= 17.10%
The (Market rate of return - Risk-free rate of return) is also known as market risk premium and the same is applied.
All other information which is given is not relevant. Hence, ignored it
<span>In the context of evaluating service quality, assurance refers to the knowledge and courtesy of employees and their ability to convey trust. Assurance is defined as having confidence in one's abilities and a promise, guarantee from others. In the context of evaluating service quality, having assurance means you can trust that the quality of the service being provided will be to the best of the organizations abilities. You never want to feel like you aren't sure if the quality of service you're going to be paying for may or may not be great. </span>
An assurance means the knowledge and courtesy of employees and their ability to convey trust.
<h3>What is an
assurance?</h3>
This refers to the set of systematic activities that are intended to ensure that the objectives of a project are fit for purpose.
Hence, in evaluation of service quality, its means the knowledge and courtesy of employees and their ability to convey trust.
Therefore, the Option A is correct.
Read more about assurance
<em>brainly.com/question/13567395</em>
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