Abstract
This study investigates the critical dimension of factors driving restaurant choice among 277 consumers, predominantly residents of the Southeastern United States. The food provided (quality, taste) was central to respondents' decision to favor one restaurant over another, though prior positive experience, a clean production/service environment, and hospitable service are additional factors that most strongly influenced restaurant choice.
Answer:
A & B
a. The discounted payback period does not take the project’s entire life into account
b. The discounted payback period does not take the time value of money into account
Explanation:
Answer: This chart demonstrates that the marginal cost initially decreases as production increases.
Marginal Cost refers to the cost of producing an additional unit of a good. As production increases, marginal costs will initially decrease.
In the short run, factors of production like capital are fixed. Only labor is variable and varies with the number of units produced. Initially, employing more labor results in better productivity and help in decreasing the marginal costs. However, as more units of labor are employed, labor become less productive and the law of diminishing marginal returns sets in. Hence the marginal cost curve begins to rise.
Answer:
$22,000
Explanation:
The original cost of the car was : $26,000
The fair market value of the car was : $12,000
The car was bought at a price higher than its fair market value by :
$26000-$12000 = $14000
She exchanges the car for $18000 to get a new one;
The loss while selling the car is : $26000-$18000=$8000
Total loss realized is : $14000 +$8000 = $22,000
Missing Question Data:
As the Question is missing relevant data, I have searched for it online and found a question similar. The data is attached in a picture file. It might be a little different from your actual question but same approach can be used to solve the question.
Answer with Explanation:
For simplicity, we denote the compensations with variable <em>x </em>and the stock return with variable <em>y.</em> Let us first find the mean and standard deviation for both compensation (x) and return (y).
Mean of Compensation (<em>x) </em> will be,
Mean of Stock Return (y) will be,
Standard Deviation for Compensation (x) is given by,
Standard Deviation for Compensation (x) is given by,
To find the predicted stock return, we have to use the equation for of line of regression,
where,
Equation (1) will become,
.
