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Lostsunrise [7]
3 years ago
13

What is the name of the two year program that prepares high school students for jobs in the hotel industry

Business
2 answers:
Stells [14]3 years ago
7 0
Certified Hospitality Instructor (CHI)
Taya2010 [7]3 years ago
5 0

The American Hotel & Lodging Educational Institute's program is offered in high schools with a program concentrated in Hospitality and Tourism Management Program. This program was started to help prepare high school students for jobs in the hotel industry and more. Since there are many career opportunities within the hospitality and lodging pathway, this program is hoping to bring high school kids knowledge before they graduate to either move into a college program that goes more in-depth or start a career immediately in this field.

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Suppose that the market for athletic shoes is initially in equilibrium at point A. Further suppose the demand for athletic shoes
elixir [45]

Answer: Correct. When there is an increase in supply and an increase in demand, the new equilibrium quantity increases but whether the equilibrium price increases or decreases is unknown.

Explanation:

When the demand for the shoes increased, it had the effect of shifting the demand curve to the right. At the same time, with six more firms coming into the market, the supply increased as well which had the effect of shifting the supply curve right as well.

The new equilibrium as a result of these movements will see the quantity increase. However, due to the shift of both the supply and the demand curve in the same direction, it is uncertain if the price will change or not.

The general rule is that if the rise in supply is more than rise in demand then the price will decrease. If they rise by the same amount then price will remain the same. It shows therefore that if both supply and demand rise at the same time, the effect on equilibrium price is unknown.

3 0
3 years ago
(a)  Bank of Marienfield started its first day of operations with $150 million in capital. It received a total of $100 million i
Juliette [100K]

Here, we are going to prepare the balance sheet of Bank of Marienfield using the information given in the question..

  • Formula for Total liabilities is <em>Capital + Checkable deposit + Loan from bank</em>

<u>Given Information</u>

Capital = $150 Million

Checkable deposit = $100 Million

Loan from bank= $50 Million

Total liabilities = $150 Million + $100 Million + $50 Million

Total liabilities = $300 Million

<u>Additional given Information</u>

Commercial loan = $150 Million

Investment in shares = $120 Million

Investment in Treasury bonds = $20 Million

Required reserve = Checkable deposit * Required reserve rate

Required reserve = $100 Million * 10%

Required reserve = $10 Million

Excess reserve = Total liabilities - (Commercial loan + Investment in shares + Investment in Treasury bonds + Required reserve)

Excess reserve = $300 Million - ($150 Million + $120 Million + $20 Million + $10 Million)

Excess reserve = $300 Million - $300 Million

Excess reserve = $0 Million

                                  Balance sheet of Bank of Marienfield.

Assets                           Amount        Liability                        Amount

Required reserves       $10 million     Bank capital              $150 million

Excess Reserve            $0                  Checkable deposit  $100 million

Commercial loan          $150 million   Loan from bank        $50 million

Investment in shares    $120 million

Invest. Treasury bond  <u>$20 million </u>                                      <u>                       </u>

Total                              <u>$300 million</u>  Total                          <u>$300 million</u>  

3 0
3 years ago
•Urgent• research report on a product <br> Criteria ^^ 400-500 words
chubhunter [2.5K]

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3 0
3 years ago
The following information is provided by the Town of York's General Fund operating statement and budgetary accounts for the fisc
Stels [109]

Answer

The answer and procedures of the exercise are attached in the following image.  

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

8 0
3 years ago
Jane is considering a 7/23 balloon mortgage with an interest rate of 4.15% to purchase a house for $197,000. What will be her mo
shutvik [7]

Answer:

957.62 Hope it helps

Explanation:

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3 years ago
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