Answer:
The correct answer is the first one listed.
Step-by-step explanation:
First you have to determine what the equation for that circle is. The standard form of a circle is
where h and k are the coordinates of the center and the radius is squared. Using the given info, our equation will look like this:

Now we use the coordinates given and plug in 2 for x and 3 for y and do the math and see if the 2 sides are equal.

and 9 + 16 = 25, right? So that's how you can check the other coordinate pairs to verify that they DON'T work out!
Answer:
The reason why this may be happening is because the expenses may be higher than the amount of revenue that the business is making, the cost of rent, paying the employees and running the business may be higher than the revenue that is being made. The inflows may be higher than the outflows, in which case the profit is lower than the loss and may be the reason why the owner is having trouble keeping the business running.
Answer: Choice B
If you lower your rates by 6% you will increase the number of occupancies by 12%
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Explanation:
Price Elasticity of Demand is found by dividing the percent change of demand over the percent change in price

If the price drops 6% leads to a 12% increase in demand, then we get this elasticity

The absolute value of that result is 2. We work backwards going from 2 to see the relationship between the 12% and 6%.
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Side notes:
- Choice A is incorrect as a price elasticity of demand larger than 2 means we have elastic (rather than inelastic) demand.
- Choice C is incorrect because while raising rates does bring in more money in certain situations, there's a limit to how much the price goes up before people stop showing up. The prices can't go up forever. Also, the fact we have an elastic product means people are either forgoing this hotel or finding a substitute.
- Choice D is incorrect. Products with high demand elasticity usually have substitutes. Any slight change in the price leads people to seek cheaper options. Unless we're dealing with a small town there are usually multiple hotels to choose from.