Which of the following will typically offer the highest interest rate

Alejandro works nights at a restaurant. His job is to prepare drinks for customers. He serves drinks directly to customers who s

Nina [5.8K]

A restaurant is a place where <u>food and drinks</u> are prepared and served to clients. Meals are often served and consumed on-site, however many restaurants also provide take-out and food delivery services.

Alejandro is a<u> bartender</u> and Mei is a<u> Chef</u>.

<h2 /><h2>The reasons for the selection of their Job position:</h2>

<h3>Alejandro:
</h3>

Alejandro works in a restaurant at night.
His work is preparing drinks for customers.

He serves drinks to those <u>sitting nearby</u>, but he also prepares drinks for <u>waiters to distribute</u> to guests around the restaurant.

Alejandro is almost certainly a bartender.

Mei works long hours as a waitress in a restaurant.
She creates the restaurant's menu, manages kitchen employees, and prepares food.

Mei is probably a chef or a cook.

For more information about the related question, refer below:

brainly.com/question/24531289

7 0

3 years ago

John has to choose between two jobs: one that offers him $50 per hour and one that offers him $35 per hour. the opportunity cost

Viefleur [7K]

Answer:

$35 per hour

Explanation:

Data provided;

The John has 2 alternatives to choose from

Alternative 1 offers him $50 per hour

Alternative 2 offers him $35 per hour

John opts for the Alternative 1 i.e $50 per hour

Now,

The opportunity cost is given as the next high valued alternative and for the given question, we have the next high valued alternative of $35 per hour

Hence,

the opportunity cost of choosing the alternative 1 i.e job offering $50 per hour is $35 per hour

4 0

3 years ago

The business side of IT is very different from the business itself. T/F

krek1111 [17]

Answer: True

Explanation: The IT department of an organization is responsible for managing everything related to technological resources and would not necessarily be related to the company's own activities, but they have to work hand in hand to provide the best technological solutions.

For example: a food distribution industry, should have good resources in inventory technology, or in GPS system for transport, are technological resources but are not the same as business.

8 0

3 years ago

According to the diversification-for-stability argument, why should some nations impose protective tariffs and import quotas

Artyom0805 [142]

Their economies are highly specialized and depend on international trade for their income.

<h3>What is income?</h3>

Income is the consumption and saving opportunity gained by an entity over a given time period, which is usually expressed in monetary terms. Income is difficult to define conceptually, and definitions vary across fields.

Income is defined as the amount of money received by a person, group, or company over a specific time period. A salary of $70,000 per year is an example of income.

Income is money received by an individual or business in exchange for labor, the production of a good or service, or the investment of capital. Individuals typically earn money through wages or salaries, whereas businesses make money by selling goods or services for more than their cost of production.

To know more about income follow the link:

brainly.com/question/25895372

#SPJ4

5 0

2 years ago

Andrina always spends 30 % of her income on thingamabobs. Assume that her income increases by some percentage while the price of

Leni [432]

Answer

<em>What is Income Elasticity of Demand? </em>

Income elasticity of demand is the ratio of percentage change in quantity of a product demanded to percentage change in the income level of consumer. It is a measure of responsiveness of quantity demanded to changes in consumers income.

Income elasticity of demand indicates whether a product is <em>a</em> <em>normal good or an inferior good.</em> When the quantity demanded of a product increases with an increase in the level of income and decreases with decrease in level of income, we get a positive value for income elasticity of demand. A positive income elasticity of demand stands for a normal (or superior) good. When the quantity demanded of a product or service decreases in response to an increase and increases in response to decrease in the income level, the income elasticity of demand is negative and the product is an inferior good.

Formula

Income Elasticity of Demand Ei%\ Change in Quantity Demanded%\ Change in Consumers Income

Percentages are calculated using the mid-point formula, i.e. by dividing the change in quantity by average of initial and final quantities, and change in income by the average of initial and final values of income. Therefore:

Income Elasticity of Demand - Ei = Qf - Qi ÷ Qf + Qi ÷ 2 ÷ If - Ii / If + Ii ÷2

Income Elasticity of Demand - Ei = % Change in Quantity Demanded ÷ % change in consumer Income

<em>Where:</em>

Qf - is the final initial quantities demanded of the product,

Qi - is initial quantities demanded of the product,

If - is the final incomes of consumer

Ii - is the initial incomes of consumer.

∴

Question

What is her income elasticity of demand for thingamabobs?

Solution:

From the Problem, it can be deduced that -

Qf - assume it to be 60 since it is not given

Qi - assume it to be 50 thingamabobs?

If - assume it to be 40% since it is not given

Ii - 30%

Assume the % increase in Income to be

∴

Ei = 60 -50/ 60 + 50 ÷ 2 ÷ 40 - 30 / 40 + 30 ÷ 2

Ei = 10/110 /2 ÷ 10/70 ÷ 2

Ei = 10/11 X 70/10 ÷ 2

Ei = 10/55 x 14

Ei = 28/11 = 0.73%

Therefore the Income elasticity of demand for Adrina is 0.73 %

5 0

4 years ago