Answer:
b. Zone of service
Explanation:
The restaurant is capable of serving 138 customers per hour, and the average demand was 94 customers per hour. That means that the average demand is located with in the zone of service. If hte demand was higher than the restaurant's capacity, then it would be considered critical zone.
The best and most correct answer among the choices provided by your question is the second choice.
Project x should be used i<span>f the company is using the payback period method and it requires a payback of three years or less.</span>
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Answer:
The equilibrium hourly wage is the wage where the curve of supply of labor intersects with that of the demand for labor. The same goes for the equilibrium quantity of labor.
The equilibrium hourly wage is <u>$10</u>, and the equilibrium quantity of labor is <u>450 thousand workers</u>.
If a Senator introduces a minimum hourly wage, this is considered a <u>Price Floor. </u>
Price floors are prices that that the government mandates that one cannot charge below for a good or service. If there is a price floor on cake for instance, a person is not allowed to charge less than that price floor for cake. The Senator's bill is therefore saying that people should not be paid less than $6 an hour.
B. 0.5% - 2% based on average tax return rates in the US
Answer:
Gross private domestic investment less depreciation is net private domestic investment.
Explanation:
Investment is addition to capital stock during a period of time. Depreciation is fall in value of fixed (capital) assets due to usage, wear & tear, obsolescence.
Gross Private Domestic Investment = Total addition to capital stock by private domestic sector, without accounting for depreciation of existing capital stock.
Net Private Domestic Investment = Addition to capital stock by private domestic sector, accounting for depreciation deduction of existing capital stock.
So, Gross Private Domestic Investment - Depreciation = Net Private Domestic Investment.
