Answer:
Zumba classes sell all 20 participant spots at a price of $4.50 each. When the instructor raised the prices to $5.50, 10 people attended the class. From the midpoint method, the price elasticity of demand for Zumba is:
0.286
Explanation:
20 at $4.50= $90
10 at $5.50= $55
price elasticity= change in quantity demand/ change in price
20-10= 10 change in quantity demand
$90-$55= $35
10/35=0.286
Answer:
social surrounding
Explanation:
According to my research on studies conducted by various psychologists, I can say that based on the information provided within the question it seems that Shawn's first experience was influenced by his Social surroundings. This is because the restaurant is the same as the first time he visited the only difference is that he went the first time with the girl he would end up dating steadily which is the entire reason he remembered it so fondly. Therefore his social surrounding was the factor that affected his experience.
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Answer:
The answer is a. retaliation.
Explanation:
Retaliation occurs when an employer punishes an employee for engaging in legally protected activity. Retaliation can include any negative job action.
Answer:
Newbill's labour rate variance
= (Standard rate - Actual rate) x Actual hours worked
= ($19.60 - $19.40) x 26,000 hours
= $5,200(F)
Actual rate
= <u>Actual payroll cost</u>
Actual hours worked
= <u>$504,400</u>
26,000 hours
= $19.40
Explanation:
Labour rate variance is the difference between standard rate and actual rate multiplied by actual hours worked. Actual rate is actual payroll cost divided by actual hours worked.