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dezoksy [38]
3 years ago
11

If you manage a 200-room hotel, and only sell 150 rooms tonight, you can't stockpile the extra 50 rooms to sell tomorrow. This i

s a problem with the ________ of services.
Business
1 answer:
zvonat [6]3 years ago
8 0

Answer: Perishability

Explanation: Perishability of services implies that service capacity cannot be stored, saved, returned, or resold once rendered to a customer and perishability can affect company performance as balancing supply and demand is very difficult.Perishability is the services that cannot be stored, saved, returned, or resold once they have been used. Furthermore, once the service is rendered to a customer, the service is completely consumed and cannot be delivered to another customer.

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Please fill in the blanks with appropriate option.
Fiesta28 [93]

Answer: Please refer to Explanation

Explanation:

1. Inflationary Gap.

Due to the availability of more disposal income due to tax cuts, more amount is being spent on consumption leading to a rise in actual GDP which is more than the potential GDP as the economy has not adjusted.

2. Output Gap.

This is the difference between the Actual GDP and the Potential GDP.

3. Demand Shock

This increases or reduces Aggregate Demand due but only temporarily.

4. Recessionary Gap.

This is where actual GDP falls below Potential GDP.

5. Supply Shock.

Like a demand shock, it suddenly increases or reduces the supply of goods and services. It is temporary as well.

6. Self Correction

Economists believe that in the long run, the Economy is capable of adjusting to shocks and returning to it's potential and natural levels.

8 0
2 years ago
Kimberly has been planning to purchase a digital camera for a long time. She finally makes the purchase and is happy because she
WARRIOR [948]

Answer: Option A      

       

Explanation: In simple words post decision resonance refers to the feeling of regret that one gets after making  decision that the choice they made was not correct.

This theory suggests that the level of regret that one feels depends on two factors, the net desirability between the option chooses and option not chooses,  the importance of the decision made in the Decision makers life.

In the given case, Kimberly bought a camera and now think she did not make right choice. Hence from the above we can conclude that the correct option is A.

3 0
2 years ago
Wrong Meds, Again! “It was horrible,” said the distraught client. “No matter how many times I provided the information, no one l
NemiM [27]

Answer:

Explanation:

no it will not happen agian because she learned from her mistake!

6 0
3 years ago
While developing a new product line, Cook Company spent $3 million two years ago to build a plant for a new product. It then dec
Mariulka [41]

Answer:

C

Explanation:

This is an example of an externality, because the very existence of the building affects the cash flow for any new project that Rowell might consider.

3 0
3 years ago
You manage a risky portfolio with an expected rate of return of 17% and a standard deviation of 29%. The T-bill rate is 8%. Your
Anastasy [175]

Answer:

13.85% and 18.9%

Explanation:

As in this exercise we have a free risk asset we will assume that the t-bill has a standard deviation of 0%, so let´s firts calculate the expected return:

E(r)=r_{1}*w_{1} +r_{2}*w_{2} +....+r_{n}*w_{n}

where E(r) is the expected return, r_{i} is the return of the i asset and w_{i} is the investment in i asset, so applying to this particular case we have:

E(r)=17\%*65\%+8\%*35\%

E(r)=13.85\%

the calculation of standar deviation follows the same logic of the previous formula:

Sigma(r)=29\%*65\%+0\%*35\%

Sigma(r)=18.9\%

4 0
3 years ago
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