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saw5 [17]
3 years ago
14

The economy of Suielevia is under severe financial distress. Over the last few months, the economy has gradually picked up and t

he employment levels are slowly rising back to the normal levels. The consumers are also beginning to engage in regular buying activities. In this case, the economy of Suielevia is currently in the _____ phase of its business cycle.
Business
1 answer:
Inessa05 [86]3 years ago
4 0

<u>Answer: </u>Suielevia is currently in the recovery phase of its business cycle.

<u>Explanation:</u>

There are five phases of business cycle which are expansion, peak, recession, trough and recovery. Recovery phase is the expansionary phase which takes place after a recession. In the recovery phase the business activities starts to improve and also the economy grows.

Suielevia which was under the financial distress has started to improve. This can be seen through employment levels are rising, purchasing of consumers has started to increase which indicates that the economy is in the recovery phase.

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Answer:

The price of tee times needs to be decreased by 6.67%.

Explanation:

The manager wants to increase the number of tee times sold by 10 percent.

The price elasticity of demand for tee times is –1.5.

Percentage change in price of tee times to increase the demand by 10%

Price elasticity of demand = \frac{\% \Delta Q}{\% \Delta P}

-1.5 = \frac{10 \%}{\% \Delta P}

\% \Delta P = \frac{10}{-1.5}\% \Delta P = -6.67 \%

7 0
3 years ago
Keyboarding or typing 100 words per minute can be thought of as a?
Mrrafil [7]

Answer:

Professional career typists

Explanation:

People that can type fast usually use a type of keyboarding known as touch typing. Basically the person typing knows the location of each key by muscle memory.  This increases the speed of typing. But only professional career typists are the ones that can type or exceed 100 words per minute.

4 0
3 years ago
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Two employers, A and B, pay the same wage but Employer A faces a more inelastic supply curve of labor than Employer B. Both firm
Savatey [412]

Answer:

B.) Employer A will employ more capital than Employer B.

Explanation:

8 0
3 years ago
The Walt Disney Company is world renowned for its destination resorts and theme parks. The company prides itself on providing th
rodikova [14]

Answer:

Those repairing the rides.

Explanation:

The Walt Disney Company uses a strategy to create a complete experience when visiting its destination resorts and theme parks. Disney's goal is to create a magical world, where it can win people over by the enchantment of its characters and shows.

For this strategy to be effective, there is a very adequate training of its employees, most of them are included as members of the cast, using fantasies of the iconic characters and assisting visitors and taking photos, making the experience more complete.

But in the case of the above question, the group of employees who are most likely to be considered the "ingroup" in the theme park are those who provide technical support to repair the tours, due to the fact that the application of their skills is more technical and less playful. , as most Disney employees must behave.

7 0
3 years ago
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What is the margin of safety (in sales) when a business has sales of $485,000, sales of $225,000 at break-even point, and unit s
lilavasa [31]

Answer:

Margin of safety= $260,000

Explanation:

Giving the following information:

Sales= $485,000

Break-even point in dollars= $225,000

<u>To calculate the break-even point in sales dollars, we need to use the following formula:</u>

Margin of safety= (current sales level - break-even point)

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Margin of safety= $260,000

5 0
3 years ago
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