Answer:
0.583
Explanation:
Data provided in the question;
Average dinner charges = $8.75
Initial demand = 3,000 atrons
Increase in price = $0.50
Final demand = 2,900
Thus,
change in demand = 3,000 - 2,900 = 100
Now,
The price elasticity of demand = 
also,
Percentage change in demand = 
= 
= 3.33%
Percentage change in price = 
= 
= 5.714
thus,
The price elasticity of demand = 
= 0.583
Answer:
$183,200
Explanation:
Given that,
Direct labor = $86,000
Total current manufacturing costs = $381,000
Manufacturing overhead is applied to production:
= 130% of direct labor cost
= 1.30 × $86,000
= $111,800
Total manufacturing costs = Direct material + Direct labor + Manufacturing overhead.
$381,000 = Direct material + $86,000 + $111,800
Direct material = $381,000 - $86,000 - $111,800
= $183,200
Therefore, the amount of direct materials used in production is $183,200.
<span>The design of the navigation within the </span>website determines the type of the structure of the website. Linear website structure has linear <span> navigation, which means that each page is simply linked to the one before.</span><span>
A linear website structure is appropriate if visitors should view the webpages in a specific order. The case in which the users need to complete training module 1 before attempting training module 2 is example of linear website. </span>
Answer:
d. shifts in market psychology and successive waves of irrational exuberance.
Explanation:
Bubble in respect to financial market means an unexpected and non-explainable reason. This although the economists believes arises because of the emotional attachment and effects on an asset. As for example: when an asset is made using the specific raw material which is discovered to be precious in the terms it is ancient then, automatically the price of the asset increases in the market.
Thus, this is nothing but a market psychology that is basically an effect of emotional concerns of individual mindset, which is irrational.
This theory is explain by Keynesian the economists.
Answer:
A. Quantitative perspective
Explanation:
Roger using the capital asset pricing model and other mathematical tools to track finances is focused on quantitative perspective.
He is relying more in the figures to assist his clients.
Quantitative methods are characterised by use of statistics, mathematics, analysis and formation of logical models. Decisions are made on the final result.
