Answer:
On an average customers are spending 10 minutes in the queue.
Explanation:
Please see attachment
Answer:
B. NAFTA
Explanation:
North American Free Trade Agreement (NAFTA) is a regional agreement between the Government of Canada, the Government of the United Mexican States, and the Government of the United States of America that created a free trade zone.
NAFTA administers the mechanisms stipulated in the Treaty to resolve commercial disputes between national industries or the governments of the party countries in a timely and impartial manner.
A firm is a recognized cost leader but has a strategic goal to become a cost and service leader. "Provide special attention to your most important clients by adapting your services to their needs." is one initiative that could be planned and implemented to achieve this goal
This is further explained below.
<h3>What is one initiative that could be planned and implemented to achieve this goal?</h3>
Generally, A company's long-term objective is to dominate both its industry's price point and level of service.
Among the many strategies that may be developed and put into action to accomplish this would be to "provide your most valuable customers individualized service tailored to their specific requirements."
In conclusion, Strategic goals are the particular financial and non-financial objectives and achievements that a firm seeks to accomplish over the course of a specified period of time, often the next three to five years.
These goals may be broken down into two categories: financial and non-financial.
Read more about Strategic goals
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Answer:
Explanation:
To find the income elasticity we first must recall the formula
which is the percentage change in quantity when income increases in one percent.
From the demand curve we can find 
by taking derivative of Q with respect to Y: 
Next we need to know what is the income at the equilibrium quantity of 1300, which we can back out from the data given in the question
Then
