Answer: Income elasticity of demand for steak in cape charles is 1.16
Explanation:
Income elasticity of demand measures the responsiveness of quantity demanded to a change in consumers income. When the proportionate change in quantity demanded is less than the proportionate change in income, demand is said to be income inelastic.
Income elasticity of demand for steak in cape charles is 1.16
Answer:
$6,707
Explanation:
Calculation to determine what Universal Travel Inc. should report interest payable at December 31, 2021,
Interest payable at Dec 31,2021= 503,000 * 8% * 2 months/12 months
Interest payable at Dec 31,2021= $6706.6
Interest payable at Dec 31,2021= $6707 Approximately)
(November 1 - December 31 = 2 months)
Therefore Universal Travel Inc. should report interest payable at December 31, 2021, in the amount of $6,707
Answer:
The public debt owed by Eastland is $400 million
Explanation:
In this question, we are asked to calculate the amount of public debt in Eastland.
Public debt refers to the amount of money owed by a country to external borrowers.
It doesn’t include such debt that the country owes itself. For example, debts owed by one agency of government to another.
Hence to calculate the public debt of Eastland, we add the amount of debts owed by citizens of Eastland + Amount of debts owed by foreign citizens in Eastland .
Amount of debt owed by citizens of Eastland is $200 million while the amount of debt owed by foreign citizens is also $200 million.
Mathematically the public debt will be ; $200 million + $200 million = $400 million
Answer:
50 customers per day
Explanation:
For computing the capacity required customers per day, first, we have to compute the current demand per day which is shown below:
Current demand = Average number of pets per day × estimated percentage
= 74 pets × 60%
= 44.4 per day
Now the capacity required per day would be
= (Current demand per day) ÷ (1 - capacity cushion percentage)
= 44.2 ÷ (1 - 0.12)
= 50.22 per day
The answer is TRUE. Diagnosing environmental relationships and the interactions among the various components of an organizational system requires taking a systematic perspective. This view suggests that diagnosing often involves the search for misalignment among the various parts of an organizational system. Alignment is how well a system’s different parts and elements align with each other partly determines it overall effectiveness. This alignment or fit concerns the relationships between the organization and its environment as well as among the components that comprise the design of the organization. Alignment represents the extent to which the features and operations of one component support the effectiveness of another component.