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Answer:
A. inelastic
Explanation:
Inelastic demand is when people buy about same amount whether price drops or rises.
Even with the higher changes in the prices in the cinema, there is not considerable impact on Movie going audience. Also, addition to it, people go to cinemas at evening and weekend shows more than daytime shows or weekday shows even the tickets have price higher.
<u>This shows that the inelastic nature of movie ticket demand.</u>
Answer:
$375,308
Explanation:
In this question , we are asked to calculate the budgeted direct labor costs incurred in the month of June.
Firstly, we calculate the ratio of the direct labor cost per pod.
Direct labor cost/Pod = (1.7hours*$9.90/hour)=$16.83
Now, we proceed to calculate the budgeted direct labor cost
The budgeted direct labor cost can be calculated by multiplying the number of pods by direct labor cost/pod
From the question, we identify that the number of pods is 22,300
The budgeted direct labor cost = 16.83 * 22,300 = $375,309
Answer:
Kaynaddi here is the answer of your question
The agent is not the owner of the apartment so he will not take care of the apartment, because he isn't supposed to pay the cost of fixing damages in the apartment. To mitigate this risk renter can be asked to pay a deposit which can be adjusted for any damages done in the apartment.
A provision in the lease agreement for the annual renewal allows an incentive for a renter who is long term. Doing so will help maintain leased apartment.
Answer:
$20,857.24
Explanation:
This is an ordinary annuity question which can be solved using a financial calculator. The inputs are as follows;
Total duration of investment; N = 5
Interest rate per year; I/Y = 6%
Recurring annual payment; PMT = 3,700
One time cashflow; PV = 0
then compute the future value of the annuity; CPT FV = 20,857.244
Therefore, Jan will have $20,857.24 as down payment in 5 years.
