Answer:
Check the explanation
Explanation:
Whenever there’s a $300 charge from the Big Winner, and normal household income is expected to be around $50,000, it can fill 200 rooms per night at that price. Though, if there’s an increase in a typical household income to $55,000, the quantity of rooms that would be demanded will rises to 300 rooms per night. You can calculate the income elasticity of demand for Big Winner's hotel rooms by dividing the percentage change in quantity demanded by the percentage change in income:
Income Elasticity of Demand Income Elasticity of Demand =
= Percentage Change in Quantity Demanded,
Percentage Change in Income
Percentage Change in Quantity Demanded
Percentage Change in Income
=250 = 50%10% 50%10% = 5 5
Answer:
Foster home
Explanation:
Foster home - it is referred to that type of residential setting which accommodates people that are orphaned, neglected. it is referred to as the home in which people are raised in a family atmosphere which includes meals and extra activities.
Foster home comes into play when people are forgotten by their own family members. There can be numerous reasons behind forgotten from the abusive atmosphere within the family to the death of some near one.
Answer:
The correct answer is c) undifferentiated targeting strategy.
Explanation:
An undifferentiated targeting strategy considers all possible buyers within the same reference group, which means that it does not determine specific conditions of a group of consumers to target it. Traditional marketing bases its strategy on the differentiated market, after in-depth studies about people's motivations, tastes, needs, etc. In this case Laelle does not use a specific strategy for the children who are supposed to be the main consumers, since for them it is indifferent if it is a child or adult who consumes their products.
Answer:
The answer is option (A) Dr 4,800
Explanation:
Solution
From the given question, the prepaid insurance normally is having a debit balance.
When it is brought forward to next year, this GH₵ 2,400 has to be cancelled once by debiting to suspense account.
Also. it want 2400 to credit the balance in prepaid insurance ledger, it need or require to be credited and debited to suspense account with 2400 balance.
Now, this combined debit to suspense account will result to 4800 (2400 +2400).
The spending that would occur during the third round of spending if the marginal propensity to consume (MPC) was 0.6 will be $420 billion.
- Increase in expenditure = $700 billion.
- Marginal propensity to consume = 0.6
The amount of spending based on the information given will be:
= 0.6 × $700 billion
= $420 billion.
Therefore, the correct option is $420 billion.
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