A fast-food restaurant is an example of a low-degree of labor and low-customization. The correct answer is D.
<h3>What is a fast-food restaurant?</h3>
A fast food restaurant is a type of eatery that offers fast food cuisine and provides minimal table service. Fast food restaurant sometimes referred to as "quick-service restaurants" or QSR in the industry. Fast food is famous since it is cheap, convenient, and delicious. Fast food may contain refined grains rather than whole grains, cholesterol, saturated fat, and extra sugar. Fast food cuisine may also be rich in sodium or salt, which is used as a preservation agent and enhances the flavor and satisfaction of meals.
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Answer:
500%
Explanation:
Given that,
Income elasticity of demand = 2.5
Consumer income increases from $100 to $300,
Therefore, percentage change in consumer income:
= [($300 - $100) ÷ $100] × 100
= [$200 ÷ $100] × 100
= 200%
Income elasticity of demand = (% change in Quantity demanded) ÷ (% change in income)
2.5 = (% change in Quantity demanded) ÷ 200%
Hence,
% change in Quantity demanded = 2.5 × 200%
= 500%
Answer:
Moral Hazard
Explanation:
Moral hazard is a situation which involves two parties, one party gets involved in a risky event because he knows that it is protected against the risk and that the other party will bear the cost and consequences of his actions if there be any loss. It arises when both the parties have incomplete information about each other.
In the financial market, there is high risk that a borrower may do undesirable things and may not pay back if he knows that when he defaults, his guarantor might will pay. This can make him to act with reckless abandon and in a riskier way.
Because Hamon in the Question got insurance that is worth twice his restaurant, he became careless in the management of his restaurant because he believes that if there be any loss, insurance will pay. This is called Moral Hazard in Business.
Answer:
Escreva a expressão algébrica correspondente a cada sentença abaixo descrita.
a) O quadrado de um número real x.
b) O cubo de um número real y.
c) O triplo de um número adicionado ao dobro de um número k.
d) A terça parte de um número real diminuído 7.
Explanation:
Escreva a expressão algébrica correspondente a cada sentença abaixo descrita.
a) O quadrado de um número real x.
b) O cubo de um número real y.
c) O triplo de um número adicionado ao dobro de um número k.
d) A terça parte de um número real diminuído 7.
