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Ad libitum [116K]
2 years ago
9

Kelly's Kitchen, a popular chain of fast food restaurants, offers a kids' meal pack free with every purchase of its newly introd

uced luxury meal pack. This is an example of a:____________.
Business
1 answer:
aleksandr82 [10.1K]2 years ago
5 0

Answer:

Premium

Explanation:

Kelly's kitchen in offering kids meal with every purchase of its luxury meal pack; this is an effective method to attract customers and to improve overall sales. The method which Kelly's kitchen has opted for is known as premium. The kitchen is offering a premium or an incentive to every customer who buys their luxury meal pack. Premium is an incentive which is offered in this example.

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If the economy is normal, Charleston Freight stock is expected to return 16.5 percent. If the economy falls into a recession, th
777dan777 [17]

Answer:

option (B) 0.012634

Explanation:

Data provided in the question:

Expected return         Probability

         16.5%                     80%

        -11.6%                      20%

Now,

Mean return = ∑( Probability × Expected return )

= ( 0.8 × 16.5% ) + ( 0.2 × (-11.6%) )

= 13.2% - 2.32%

= 10.88%

Thus,

Variance = ∑(Probability × [ Expected return - Mean return ]² )

=  0.8 × ( 16.5% - 10.88% )² + 0.2 × ( -11.6% - 10.88% )²

= 0.8 × ( 5.62% )² + 0.2 × (-22.48%)²

= 0.8 × 0.0562² + 0.2 × 0.2248²

= 0.002526752 + 0.010107008

= 0.01263376 ≈ 0.012634

Hence,

The correct answer is option (B) 0.012634

6 0
3 years ago
What is the difference between simple and compound interest rates
Vlada [557]

Answer:

see below

Explanation:

Simple interest is a method of calculating gains or yields from savings, deposits, or credit. In simple interest, the interest earned is a constant figure throughout the life of an investment or loan. Simple interest is usually expressed as a percentage, called the interest rate. It is calculated by multiplying the interest rate by the principal amount and by the time. The interest rate quoted applies for a year.

Unlike simple interest, interest earned in compound interest increases every year. Compounding interest refers to the practice of adding interest earned to the principal amount. An increase in the principal amount results in an increase in the interest earned. Due to the compounding effect, a compound interest-earning account will yield more interest than a simple interest-earning account.

3 0
3 years ago
The following options it gives me are
kupik [55]

Answer:

There would be a surplus of 2,000 bags, and producers would be happy with the law.

Explanation:

Unlike a price floor that prevents the price of movie theater popcorn from falling below the equilibrium price level of $15, a price ceiling of $5 prevents the price of movie theater popcorn from rising above $20. When a price ceiling is set above the equilibrium price, the quantity supplied exceeds the quantity demanded by 2,000 packets of popcorn, and there will be a surplus supply.

5 0
3 years ago
On May 31 of the current year, the assets and liabilities of Riser, Inc. are as follows: Cash $20,500; Accounts Receivable, $7,2
Svetradugi [14.3K]

Answer:

$31,100

Explanation:

On May 31 of the current year, the assets and liabilities of Riser, Inc. are as follows: Cash $20,500; Accounts Receivable, $7,250; Supplies, $650; Equipment, $12,000; Accounts Payable, $9,300.

Therefore the amount of stockholders’ equity as of May 31 of the current year can be derived by the formula : Capital = Assets - Liabilities

<u>Assets</u>

Cash $20,500;

Accounts Receivable, $7,250;

Supplies, $650;

Equipment, $12,000

TOTAL = 40,400

<u>Liabilities</u>

Accounts Payable, $9,300.

Therefore stockholders’ equity = 40,400 - 9,300 = $31,100

7 0
3 years ago
If labor becomes more productive, the production possibilities frontier will:__________
bezimeni [28]

Answer:

Shift outwards.

Explanation:

The production possibilities frontier or curve is the curve that shows various combinations or bundles of goods that an economy produces by using its all resource and if there is any point inside the curve then it will depict the inefficiency or underutilization of resources. Moreover, the PPF curve shifts outwards when there is an improvement in technology, due to which the output has increased. Similarly, the increase in output due to labor productivity will result in the rightward shift in the PPF curve.

7 0
3 years ago
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