Answer to question 1:
When supply of a product goes up, the price of a product goes down and demand for the product can rise because it costs loss.
Answer to question 2:
Commercial banks play an important role in the financial system and the economy. ... They provide specialized financial services, which reduce the cost of obtaining information
Answer to question 3:
Government regulation affects the financial services industry in many ways, but the specific impact depends on the nature of the regulation. Increased regulation means a higher workload for people in financial services.
Answer to question 5:
Adam Smith because he was a Scottish economist, philosopher and author as well as a moral philosopher, a pioneer of political economy and a key figure during the Scottish Enlightenment, also known as ''The Father of Economics''.
Answer:
2057
2 2
Step-by-step explanation:
Answer:
21 h^10
Step-by-step explanation:
(7h^3)(3h^7)
Lets multiply
7*3 h^3 h^7
When the bases are the same , we add the exponents (x^a * x^b) = x ^ (a+b)
21 h^(3+7)
21 h^10
Answer:
89 rooms should be set for early book customer
Step-by-step explanation:
According to the given data we have the following:
OVERAGE(CO) = 200
SHORTAGE(CS) = 500
In order to calculate how many rooms should be set for early book customer we would have to use the following formula:
OPTIMAL BOOKING = MEAN + (Z * STDEV)
MEAN = 75
STDEV = 25
SERVICE LEVEL= CS / (CS + CO) = 500 / (500 + 200) = 0.7143
Z VALUE FOR 0.7143 = 0.57
OPTIMAL BOOKING = 75 + (0.57 * 25) = 89
89 rooms should be set for early book customer
