Who sent John this W-2?

Consider luxury weekend hotel packages in las vegas. When the price is $250, the quantity demanded is 2,000 packages per week. W

Aleonysh [2.5K]

Answer: Elasticity of luxury weekend hotel packages in las vegas is -1.432.

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to a change in the price of the good.

Mid point method-

$e=\frac{Q2-Q1}{\frac{Q1+Q2}{2} } * \frac{\frac{P1+P2}{2} }{P2-P1}$ $e=\frac{1700-2000}{\frac{2000+1700}{2} } * \frac{\frac{280+250}{2} }{280-250}$

$e=\frac{-300}{1850} } * \frac{265}{30}$

$e= -0.16216*8.8333$

$e= -1.432$

Elasticity of luxury weekend hotel packages in las vegas is -1.432.

5 0

3 years ago

Jami is managing an extended advertising campaign for a local convenience store chain. The campaign includes a series of televis

alexandr1967 [171]

Answer: (C) The daily and weekly sales volume

Explanation:

According to the given question, the daily and weekly sales volume is one of the best indicator for checking the effectiveness of the advertising in an organization as it helps in measuring the various types of sales statistics on the basis of weekly or daily target.

By using the following ways we can monitoring the sales volume either daily or weekly basis are as follows:

By carefully monitoring the share
Analyzing the sales's result
Feedback from the customers
Place the data in graph format

Jami is basically managing the advertisement campaign and for the purpose of monitor this advertising campaign we basically analyzing the sales volume such as the product line, sales region and also the product level.

Therefore, Option (C) is correct answer.

6 0

4 years ago

Suppose that there are three beachfront parcels of land available for sale in Asilomar and six people who would each like to pur

poizon [28]

Answer:

When the minimum price is 582,500, the forth parcel WILL not be sold because the willingness to pay is LESS and no one will purchase it from the seller for atleast the minimum price.

Explanation:

Bob 620,000

Sean 750,000

Yvette 660,000

The people that will buy one of the three beachfront parcels are Bob, Sean and Yvette because they are the ones willing and has the ability to purchase the beachfront parcel of land available for sale in Asilomar.

Cho, Eric and Gianny may as well have the desire to own the beachfront land in Asilomar, but they do not have the ability to pay the selling price.

Therefore when the minimum price is 582,500, the forth parcel WILL not be sold because the willingness to pay is LESS and no one will purchase it from the seller for atleast the minimum price.

3 0

3 years ago

What of these is related to financial incentives

Marrrta [24]

Answer:Examples of financial incentives

Financial incentive(Monetary incentives):

It includes salary, bonus ,commission, retirement benefits, stock incentive and other financial perquisites like free house servant, car, medical facility e.t.c.

Explanation: Following are the main types of financial incentives:

1. Pay and Allowances: Salary is the basic monetary incentive for every employee. Beside basic salary, it also includes dearness allowance, travelling allowance and at times some other allowances too. It also consists of continuous increment in the pay every year and increase in allowances from time to time.

2. Productivity Linked Wage Incentives: Sometimes wage incentive plans are linked with payment of wages to increase productivity at individual or group level. Their quantum is based on actual output against targets.

3. Bonus: It is the incentive which is given over and above the salary or wages of the employees. Many companies offer the bonus during the festivals Diwali, New Year etc.

4. Profit Sharing: It refers to providing a share to employees in the profits of the organisation. This helps in motivating the employees to improve their performance and to contribute their maximum effort for increasing the profits.

5. Co-partnership/Stock Option: Under this incentive scheme, employees are offered shares at a price which is lower than the market price. This practice helps in creating a feeling of ownership among employees and motivates them to give their maximum contribution towards organisational growth. For example, in Infosys this scheme has been successfully implemented.

6. Retirement Benefits: Various retirement benefits such as provident fund, pension and gratuity, act as an incentive to an employee when they are in service in the organisation.

7. Perquisites: Various perquisites and fringe benefits, such as car allowance, housing, medical aid, education to the children etc. provided by the companies over and above the salary, also help in motivating the employees.

Hope this helps :)

8 0

3 years ago

Equestrain Roads accepted a customer's $50,000 zero-interest-bearing six-month note payable in a sales transaction. The product

babunello [35]

Answer:

$4,000

Explanation:

The difference between the face value of note and the issuance value of the note is discount. This discount is recorded and amortized over the note life to maturity. As the note is for 6 months and There are also six months from June 30, to December 31. So, all the Discount of $4,000 ($50,000-$46,000) will be recognized as Interest Income. This discount can be amortized and recognized as Interest Income on monthly basis or collectively at the year end.

3 0

3 years ago