if im not mistaken it might be services.
correct me if im wrong
The last one would most likely be it
Answer:
True
Explanation:
In simple words, the hospitality and tourism industry refers to the activities related to accommodation, restaurant and tourism etc. In such industries the main focus of the companies is the comfort and joy of their clients. This becomes difficult to implement as every individual have different needs and circumstances. Thus, the planning of activities should be made in such a way that it suited the global audience.
In overall utilization ratio it takes all the credit limits and all the credit cards. For example, all the credit limits are $1000 + $750 = $1750. and the cards is $415 + $215 = $630.
To calculate for the credit utilization ratio we divide by the total credit limits on all cards then we multiply by 100. For example,
The first and second credit cards is $415 + $215 = $630.
The first and second limits is $1000 + $750 = $1750.
To get the percentage of the overall utilization ratio we get,
$630 / $ 1750 × 100 = 36%.
Answer:
Option (a) is correct.
Explanation:
Given that,
Initial Quantity supplied = 10,000
New quantity supplied = 15,000
Initial price = $5
Price elasticity of demand = 1.8
Percentage change in quantity supplied:
= [(New quantity supplied - Initial Quantity supplied) ÷ Initial Quantity supplied] × 100
= [(15,000 - 10,000) ÷ 10,000] × 100
= (5,000 ÷ 10,000) × 100
= 50%
Let the new price be x,
Percentage change in price:
= [(New price - Initial price) ÷ Initial price] × 100
= [(x - $5) ÷ $5] × 100
= (x - 5) × 20
= 20x - 100
Therefore,
Price elasticity of demand = Percentage change in quantity supplied ÷ Percentage change in price
1.8 = 50 ÷ (20x - 100)
1.8 (20x - 100) = 50
36x - 180 = 50
36x = 230
x = 5
Hence, the new price per pound of walnuts is $5.