The first blank is <span>Simple Interest and the last one is CashBack</span>
The answer is Europe and Australia.
According to the United Nations' Human development Index, many countries with very high development are located in Europe and Australia. As defined in Wikipedia, Human development index is a composite statistic of life expectancy, education and income per capita indicators, which are used to rank countries into four tiers of human development.
Answer:
The answer is: The price elasticity of demand for a good measures the willingness of buyers of the good to buy less of the good as its price increases.
Explanation:
The price elasticity of demand measures the change in the quantity demanded of a product in relation to a change in its price.
The formula for determining the price elasticity of demand (PED) is:
PED = % of the change in Quantity Demanded / % of the change in price
If a good has a high PED (≥ 1) then it is called elastic, which means that any change in the price will change the quantity demanded in a greater proportion. If a good has a low PED (≤ 1) then it is called inelastic, which means that any change in the price will affect the quantity demanded in a smaller proportion.
Usually goods or services considered luxurious (e.g. gourmet cheese), tend to be very elastic (high PED). While products considered basic necessities (e.g. gasoline) tend to be very inelastic (low PED).
Answer:
in roms 425
in dollars 24,650
Explanation:
Operating fixed cost
salaries 5,500
utilities 1,200
depreciation 1,300
maintenance <u>4,325</u>
Total Fixed cost 12,325
Contribution per room:
$58 per night
-$10 maid
-$19 other
Contribution = 29
12,325/29 = 425 rooms
29/58 = 0.5
12,325/0.5 = 24,650
Also can be done:
BEPunits x Price per unit
425 x 58 = 24,650
