Voluntary exchange, or the law against stealing. A voluntary exchange is one of the hallmarks of a free market. Stealing is the taking of goods against another's will, or involuntarily.
The answer to this question is F
!
Answer:
The quantity of rooms registered on an offered day to a specific kind of guest certainly influences the quantity of registration on that day as can be seen underneath:
Explanation: Total Rewards guest - Total Rewards guests are those guests who have joined the dependability program and win credits on the entirety of their costs which they can later recover for a free stay or sustenance, etc. These sorts of guests are not expansive in number thus they don't put much weight on the number of registrations.
Their number can be normal with no check-ins on a specific day or a few check-ins on another day. So this kind of guest ordinarily doesn't influence the number of check-ins bigly.
An investors primary goal is to make money. More specifically, money that is greater than the sum amount initially invested.
Answer:
1) 19.23/Positive
2) Normal
Explanation:
In order to calculate the income elasticity of a product we will have to measure the percentage change in income and the percentage change in quantity purchased of that product cause by the change of income.
Percentage change income = (83,000-77,000)/77,000= 7.8%
Income increased by 7.8%.
Percentage change in purchase of movie downloads= (55-22)/22= 150%
So a 7.8% increase in income increases the purchases by 150%, in order to calculate the income elasticity we will divide 150 by 7.8
150/7.8=19.23
Income elasticity = 19.23
Because the income elasticity is positive we can infer that movie downloads are normal goods because the quantity purchased increases when income increases.
