Answer:
The income elasticity of demand for Patty's Pizza is 1. Positive income elasticity shows that Pizza is a normal good.
Explanation:
The annual income of the student's is $10,000.
The annual quantity demanded for patty's pizza is 50 units.
When the income increases to $12,000, the quantity demanded will also increase to 60 units.
There is a positive relationship between the quantity demanded of pizza and income level.
This indicates that pizza is a normal good.
The income elasticity of pizza is 1, the solution is given in the figure below:
Answer:
$95,196.34
Explanation:
The answer to this question depends on the answer given, but it is not showing in this case so , find the present value of all the cashflows;
Recurring cashflow ; PMT= 10,000
Total duration; N =3
Interest per year; I/Y = 12%
Future value; FV = 100,000
then CPT PV = 95,196.337
The present value of these payments is $95,196.34
Answer:
A company comparison should not be made with industry averages if the company does not clearly fit into any one industry.
Explanation:
In Business management, it is important to note that many companies will not clearly fit into any one industry.
Hence, when using industry averages, it is often necessary to use an industry that the firm best fits rather than randomly picking up any industry. Additionally, the analysis of an organization's financial statements would be more meaningful if the results are compared with industry averages and with results of competitors.
Any financial service sought after, should use its best judgment by analyzing and identifying which industry the firm best fits.
Answer:
The explanation of this question is given below in the explanation section
Explanation:
Sharing a folder on a local area network or LAN requires permission to access it. These permissions mostly categorized into read and write.
Those who have read permission, then they can only read those folders or files but they can't change the content of those folders or files. For example, if someone is allowed to read the files, If he tries to change, then the system will not allow him to change the contents of the file.
On the other side, If someone has permission to change the folders or files on the LAN network or local or public server. Then he has full authority to change the content. In short, the one who has the write permission, can easily change the content of that file or folder and have full control over it.
As asked in this question, a folder has been shared with permission that allows Accountant to have read permission and Manager to have the change permission. Marry is the accounting manager. Marry have full permission or full control (read, write) to accesses the shared folder from across the network.
Answer: Arbitration
Explanation:
The arbitration procedure is one of the type of private processing method that is used for resolve the various types of disputes in the court after hearing all the evidences and the reasoning.
The arbitration is one of the procedure that makes various types of decisions and the dispute is majorly submit by the parties in the form of agreement.
According to the given question, the arbitration procedure basically determining the different merit according to the case and then make their judgement.
Therefore, Arbitration is the correct answer.
