The vast majority of guests are preregistered by accessing information from:
1. On-site kiosks
2. Online reservations
3. Travel websites
4. Loyalty programs
5. Phone reservations
The ultra hotel uses a variety of methods to preregister guests and speed up the check-in process. These methods include on-site kiosks, online reservations, travel websites, loyalty programs, and phone reservations. By accessing information from these sources, the hotel is able to preregister the vast majority of its guests, saving time and resources. Additionally, the hotel also offers a mobile check-in option, which allows guests to check-in on their own devices. This not only speeds up the check-in process, but it also allows the hotel to better track guests' preferences and provide them with tailored services.
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In the early 2000s, easy credit made real estate the investment of choice in the United States. By the end of the decade, however, a recession had set in, impacting almost all businesses in the country. This example shows that _____.
a. economic boom periods can overheat and lead to speculative bubbles.
b. people did not overvalue housing prices.
c. during economic boom periods, investors stay cautious and conservative.
d. the market was characterized by rational exuberance.
The given example about the research about recession and real estate investment shows that:
A. economic boom periods can overheat and lead to speculative bubbles.What is Economic Boom?This refers to the sudden increase of economic opportunities in a given area which can be caused by a variety of factors.
With this in mind, we can see that in the early 2000s, there was the investment made and by the end of the decade, there was a recession and this shows that economic boom can overheat and lead to speculative bubbles.
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What is the difference between using an action button to play an audio file via 'play sound' and an audio clip set up through the Media Group?
Answer: The action button lets users play the audio file, the sound button will play an audio clip.
Explanation:
The action button lets users play the audio file once it is clicked or has a mouse over action over the assignment button. The sound button will play an audio clip that you have specified in the action settings dialog box.
According to the trio-of-basic-needs theory, the ______ is closely related to the ego need.A) affection needB) affiliation needC) power needD) prestig
Hi! According to the trio-of-basic-needs theory, the power need (C) is closely related to the ego need. The other options, affection need (A) and affiliation need (B), are not as closely related to the ego need in this theory.
The trio-of-basic-needs theory, also known as the motivational theory of personality, proposes that humans have three basic psychological needs: the need for achievement, the need for affiliation, and the need for power.The need for achievement refers to the drive to excel and accomplish difficult tasks, while the need for affiliation refers to the desire for social interaction and acceptance from others. The need for power, on the other hand, refers to the desire to have an impact on others, to influence and control them, and to be recognized as an authority figure. This need is closely related to the ego, as it is concerned with self-esteem, self-image, and self-worth. Therefore, the correct answer to the question is C) power need.
The affection need is related to the need for belongingness and love, while the affiliation need is related to the need for social interaction and group membership. The prestige need is related to the desire for status and recognition.
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Problem 7-5
Nonconstant Growth Valuation
A company currently pays a dividend of $2.5 per share (D0 = $2.5). It is estimated that the company's dividend will grow at a rate of 15% per year for the next 2 years, then at a constant rate of 8% thereafter. The company's stock has a beta of 1.7, the risk-free rate is 4.5%, and the market risk premium is 5%. What is your estimate of the stock's current price? Do not round intermediate calculations. Round your answer to the nearest cent.
$
the estimated stock price today is $89.82.
How to calculate?
First, we need to calculate the expected dividends for the next two years:
D1 = D0 x (1 + g1) = $2.5 x (1 + 0.15) = $2.875
D2 = D1 x (1 + g2) = $2.875 x (1 + 0.15) = $3.30625
After year 2, dividends will grow at a constant rate of 8%, so we can use the constant growth model to calculate the stock price:
P2 = D2 x (1 + g) / (r - g) = $3.30625 x (1 + 0.08) / (0.045 - 0.08) = $95.05682
Now we can use the dividend discount model to calculate the present value of the expected dividends and the stock price today:
PV = (D1 / (1 + r)²1) + (D2 / (1 + r)²2) + (P2 / (1 + r)²2)
= ($2.875 / 1.045) + ($3.30625 / 1.045^2) + ($95.05682 / 1.045²2)
= $2.7361 + $2.9449 + $84.1392
= $89.8202
Therefore, the estimated stock price today is $89.82.
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The Shakira video is promoting several things, including Activia and the World Food Programme, which has a mission to help address hunger and promote food security. This suggests that the ad is an example of
Answer: Product and non-product advertising
Explanation:
Product advertising could be defined as building and promoting a brand to the market or consumers through advertising on billboards, television, social media e.t.c Non product advertising requires the advertiser to spend money which won't be gained back as the advertising is not targeted to a product or service but to support a goal. An example is campaigns by political parties.
In the Shakira video, Activia was the product advertisement while Wildlife fund was a non-product advertisement.
as the inventory manager at belk wholesale club, you must decide on the order quantity for another item. its annual demand is 300 units. ordering cost is $10 each time an order is placed, and the holding cost is 20 percent of the per-unit price. your supplier provided the following price schedule. price per unit order quantity $6.00 1–49 $5.80 50–199 $5.70 200 and more
As the inventory manager at Belk Wholesale Club, your task is to determine the optimal order quantity for a specific item. The annual demand for this item is 300 units. To make this decision, you need to consider the ordering cost and holding cost.
The ordering cost is $10 per order, regardless of the quantity ordered. The holding cost, on the other hand, is calculated as 20 percent of the per-unit price.
The supplier has provided a price schedule, which offers different prices based on the order quantity. For quantities between 1 and 49, the price per unit is $6.00. For quantities between 50 and 199, the price per unit is $5.80. And for quantities of 200 and more, the price per unit is $5.70.
To find the optimal order quantity, you can use the economic order quantity (EOQ) formula. This formula takes into account the annual demand, ordering cost, and holding cost.
EOQ = sqrt( (2 * annual demand * ordering cost) / holding cost)
Once you have calculated the EOQ, you can refer to the price schedule to determine the corresponding price per unit for that quantity. This will help you make an informed decision on the order quantity that minimizes the total cost of inventory management.
Remember, the objective is to strike a balance between minimizing the ordering cost and the holding cost, while meeting the annual demand for the item.
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How many job openings are projected for Community Health Workers across the
United States between 2019-2029?
64,900
7,600
362,600
2,109
Which of the following statements is true of market-oriented firms? Question 25 options: They focus on their internal capabilities rather than on the desires and needs of the customers. They believe that people will buy more goods and services if aggressive sales techniques are used and that high sales result in high profits. They assume that the sale of goods or services does not depend on an aggressive sales force but rather on a customer’s decision to purchase that product. They claim that people must give up something in order to receive something else they would rather have.
Answer:
They assume that the sale of goods or services does not depend on an aggressive sales force but rather on a customer’s decision to purchase that product.
Explanation:
Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research.
The true statement about market-oriented firms is that they assume that the sale of goods or services does not depend on an aggressive sales force but rather on a customer’s decision to purchase that product.
This ultimately implies that, a market-oriented firm is more focused on identification and understanding the needs of the customers, opportunities that abound in the industry or market and thus putting the customers first.
Cox, North, and Lee form a partnership. Cox contributes $180,000, North contributes $150,000, and Lee contributes $270,000. Their partnership agreement calls for the income or loss division to be based on the ratio of capital invested. If the partnership reports income of $150,000 for its first year, what amount of income is credited to Cox's capital account
If the partnership reports income of $150,000 for its first year, what amount of income is credited to Cox's capital account $47,500.
Partnership agreement calls for the incomeCox North Lee
Contribution $180,000 $150,000 $270,000
Interest On Capital balance $9,000 $7,500 $13,500
Profit Allocation (Equally) $40,000 $40,000 $40,000
Amount of Income credited to North's account = $7500 + $40,000 = $47,500
Allocated Profit = $150,000 - ($9,000+$7,500+$13,500) = $120,000
Equal Distribution = $120,000 / 3 = $40,000
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What kinds of resources will a green design company choose?
O Resources that are sustainable and that won't negatively impact people socially or economically.
O Resources that are sustainable for 10 years.
O Resources that are hard to find that won't negatively impact people socially or economically.
O None of them.
O Resources that are rarely used and therefore will make the company more profit.
Answer: A green design company will choose resources that are sustainable and that won't negatively impact people socially or economically.
Explanation:
A green design company will most likely choose resources that are sustainable and won't negatively impact people socially or economically. This means that they will prioritize materials and resources that are eco-friendly, renewable, and non-toxic.
A green design company may also prioritize resources that have a long lifespan, as this reduces waste and minimizes the need for replacement.
It is unlikely that a green design company would choose resources that are hard to find or rarely used, as this could make their products and services more expensive and less accessible.
what do you understand by 'business'?Explain it's characteristics.
Answer:
Business is an economic activity that involves the exchange, purchase, sale, or production of goods and services with a motive to earn profits and satisfy the needs of customers.
Explanation:
Businesses can be profit or non-profit organizations that function to gain profits or achieve a social cause.
Characteristics:
Economic activity: Business is an economic activity of producing and distributing goods and services.Buying and Selling.Profit MotiveCustomer satisfactionCreative and DynamicIf a bank protected by the FDIC fails, then all of the individuals who have deposited money into the bank _____. a. Are restricted from ever using a bank again b. Will be reimbursed by the federal government c. Have lost all of their money and savings forever d. Become members of the Federal Reserve Bank
If a bank protected by the FDIC (Federal Deposit Insurance Corporation) fails, then all of the individuals who have deposited money into the bank will be reimbursed by the federal government.
The FDIC is an independent agency of the federal government that provides deposit insurance to protect depositors in case a bank or savings institution fails. The standard deposit insurance amount is $250,000 per depositor, per insured bank, for each account ownership category.
If a bank fails and is unable to return deposits to its customers, the FDIC steps in to pay depositors up to the insured amount. This means that the individuals who have deposited money into the bank will not lose their money, as long as it is within the insured amount.
Sustainability refers to: Group of answer choices the role new ventures play in supporting communities. the generation of waste that exceeds the carrying capacity of the surrounding ecosystem. the removal of weak ties with organizations that lie outside an entrepreneur's traditional network of relationships. the principle of green chemistry that uses depleting feedstock instead of renewable feedstock.
Sustainability refers to the generation of waste that exceeds the carrying capacity of the surrounding ecosystem.
Sustainability refers to the act of living a life that causes the least amount of harm possible to the environment while simultaneously maintaining a balance between humans and nature. Sustainability may be defined as the capacity to maintain change over time. It involves the creation of a system that preserves, rather than exhausts, natural resources. Sustainability aims to meet the needs of the present without jeopardizing the ability of future generations to meet their own needs.
A sustainable way of life will include things like growing your own food, making your own clothes, and reducing energy consumption. These practices will help the environment by reducing greenhouse gas emissions and reducing dependence on nonrenewable resources such as fossil fuels.
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If Stephanie had purchased the state minimum 25/50/15 policy for coverage, how much would she have had to pay after the accident?
If Stephanie had purchased the state minimum 25/50/15 policy for coverage, she would have had to pay $79,000 after the accident.
What is the 25/50/15 Policy?A 25/50/15 policy provides up to $25,000 per person and $50,000 per accident for bodily injury liability and up to $15,000 for property damage liability.
Accordingly, the total damages caused by Stephanie ($294,000) exceed the maximum coverage of the state minimum policy ($50,000 for bodily injury liability per accident, $25,000 for bodily injury liability per person, and $15,000 for property damage liability) Hence, Stephanie will pay $79,000.
Below is the Complete Question:
For five years, Stephanie has been driving without any major auto accidents—until today.It was pouring rain when she left class, and within minutes of leaving, she was forced toswerve around a car that came into her lane, and that caused her to go into a spin on the wetroad. After knocking an expensive, high-end luxury car down an embankment, Stephaniecame to a stop by smashing into the side of a midrange sedan.Stephanie was found to be at fault in the accident. Here is the extent of the damageshe caused:
•Luxury car:This car was totaled at a value of $95,000.
•Sedan:This car will need $4,000 in repairs.
•Hospital bills:The driver of the luxury car had $15,000 in medical bills for a brokenarm, while his passenger had $185,000 in medical bills for emergency surgeryand recovery.
Like many Americans, Stephanie carries a 100/300/100 liability policy.
If Stephanie had purchased the state minimum 25/50/15 policy for coverage, how much would she have had to pay after the accident?
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5) Si tuvieras que hacer un presupuesto de Ingresos y uno de Gastos ¿Cuál harías primero y que te sirva de base para hacer el otro? Explica tu respuesta
Answer:
Si tuviese que hacer un presupuesto de ingresos y uno de gastos, primero haría el de ingresos. Así, podría tener en cuenta la cantidad de dinero que mes a mes ingresa en mi patrimonio y de esta manera organizar mis gastos teniendo en cuenta no gastar mas dinero del que gano mensualmente.
Si, en cambio, organizara mis gastos antes que mis ingresos, me vería limitado posteriormente a realizar algunos gastos dado que no habría contemplado mi liquidez financiera mensual.
Electronic résumés have an attractive, highly formatted appearance. T F
Answer:
False.
Explanation:
False.
Answer:false
Explanation: got it right
if you had unlimited capital to start your own company, what would you do? *
If I had unlimited capital to start your own company, there are different ways in which it can be used like Technological Innovation, Sustainable Solutions, Social Impact Ventures etc.
1. Technological Innovation: Invest in research and development to create groundbreaking technologies or products that address pressing societal needs or improve existing processes.
2. Sustainable Solutions: Start a company focused on developing sustainable technologies, renewable energy solutions, or eco-friendly products to contribute to environmental preservation and combat climate change.
3. Social Impact Ventures: Launch a social enterprise or nonprofit organization aimed at addressing social challenges, such as poverty alleviation, access to education, healthcare, or clean water, and improving the well-being of marginalized communities.
4. Disruptive Industries: Identify emerging industries or markets and invest in disruptive technologies or business models that can revolutionize the way people live, work, or interact.
5. Venture Capital: Create a venture capital firm to provide funding and support to promising startups and entrepreneurs, helping them bring their innovative ideas to market.
6. Education and Skills Development: Establish an educational institution or online platform that focuses on providing accessible and high-quality education, skill development, and training to empower individuals and enhance their opportunities.
Remember, these are just general ideas, and the specific choice would depend on individual interests, expertise, and market opportunities.
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what is a customer retention?
Answer:
Customer retention refers to a company's ability to turn customers into repeat buyers and prevent them from switching to a competitor. As a performance metric, it indicates whether your product and the quality of your service please your existing customers.
Explanation:
can i have brainliest
Municipal bonds are issued by what?
Answer:
Hi, the correct answer to your question is they are securities issued by states, cities
etc/more.
Explanation:
They mostly do this for building like highways, roads and more. It is used to raise more money to build important things for our environment.
Hope this helps! :)
HELP! D:<
Which are advantages of a partnership? (Check all that apply)
O sharing of profits with hundreds of stockholders
O more flexibility with time than a sole proprietorship
O potential conflict with partners
O shared liability
Answer:
O sharing of profits with hundreds of stockholders
O more flexibility with time than a sole proprietorship
O shared liability
Explanation:
In a business association, you can divide the benefits any way you need, under one condition—all colleagues should be in arrangement about benefit sharing. You can decide to divide the benefits similarly, or each accomplice can get an alternate base compensation and afterward the accomplices will divide any leftover benefits.
In a sole proprietorship, you do not have a lot of business uncertainity. You can also divide your shares and let other people have some of them. Unlike the diadvantages of not having a partnership, the liability is divide among all the shareholders.
Question 6 of 10
A human resource staff member was asked to create a job description.
Which of the following steps should be included in the process?
A. Evaluate the employee in the job
B. Interview customers served by the employee in the job
C. Conduct a job analysis
D. Suggest changes to the management structure
For this human resource staff member who was asked to create a job description, the step that should be included in the process is: B. Interview customers served by the employee in the job.
What is Human resources management?Human resources management (HRM) can be defined as an art that involves effectively and efficiently managing, controlling and improving the functions, number of employees or workers, activities that are being used by an organization.
This ultimately implies that, human resources managers are saddled with the responsibility of recruiting, managing, creating job description, and improving the welfare and working conditions of the employees working in an organization because they are the most important asset of any organization.
In this context, we can reasonably infer and logically deduce that interviewing customers that are served by the employee in the job is a step that should be included in the process of creating a job description.
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Answer: C conduct a job analysis
Explanation:
it is
Harry, harriet, and horance operate the triple h used car lot as a general partnership. pursuant to their agreement, each drives a triple h vehicle to and from work, makes various business trips about the city either from home or the lot, and keeps a "for sale" sign displayed in the vehicle’s windshield. each car is for sale at all times of the day and night and at any location. one afternoon, harriet was driving on a business trip when her car collided with one driven by paine, who was seriously injured. harriet’s conduct was found to be criminally negligent. in a tort action by paine against harry, harriet, and horance, both as individuals and as the triple h partnership, who is liable?
In this situation, all three partners, Harry, Harriet, and Horance, as well as the Triple H partnership, would be liable for the damages caused by Harriet's criminally negligent conduct.
1. In a general partnership, all partners are jointly and severally liable for the actions of the other partners that occur within the scope of the partnership's business.
2. Harriet's actions were within the scope of the partnership's business since she was driving a Triple H vehicle for a business trip and displaying the "for sale" sign in the windshield, as agreed by the partnership.
3. Even though Harriet's conduct was found to be criminally negligent, the liability extends to all partners and the partnership because the actions took place within the scope of the business.
Therefore, Paine can bring a tort action against Harry, Harriet, and Horance as individuals, and against the Triple H partnership, for the injuries caused by Harriet's negligence.
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Refer to the graph above to answer this question. What area graphically represents a profit-maximizing tirm's total rev OP 5
FQ 1
OP 2
/Q 2
OP 3
GQ1 1
OP 1
HQ 1
. OP 4
JQ 1
.
The area that graphically represents a profit-maximizing firm's total revenue is the rectangle bounded by the points OP1, OP2, HQ1, and GQ1.
In the graph, the profit-maximizing firm's total revenue is represented by the area enclosed within the rectangle formed by the points OP1, OP2, HQ1, and GQ1.The vertical side of the rectangle is determined by the quantity of output produced, ranging from Q1 to Q2. The horizontal side is determined by the price of the output, ranging from OP1 to OP2.
The height of the rectangle represents the price of the output, which remains constant within the given range of output quantity. The width of the rectangle represents the quantity of output, which can vary. The total revenue of the firm is calculated by multiplying the price of the output by the quantity of output sold. In this case, the total revenue is equal to the area of the rectangle, which is the product of the height (price) and the width (quantity).
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In which market would a producer sell bicycles to consumers?
In the markets for goods and services, a producer would sell his bike for purchase by customers.
What is the market for goods and services?Consumers buy consumables on the products and services market, and firms sell their commodities there. The market encompasses physical stores, the Internet, and any other location where consumers can exchange products and services.
The trading of finished goods takes place here. Businesses receive payment from customers in exchange for goods. The consumer gives money to the business in a flow. In contrast to this, enterprises can buy the materials they need on the factor market to make an item.
The rule of supply and demand governs how much is produced and at what price in the market for products and services.
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Open a new restaurant
Budget: $250,000 Minimum Size: 5,000 sq. ft.
Work Breakdown Structure & Communication Plan
Develop a Work Breakdown Structure (WBS) identifying all of the project components (Start Date, Milestones, Activities, Tasks, and Durations) for your project. Develop a communication plan for your project
The work breakdown structure (WBS) outlines the project components, milestones, activities, and tasks involved in opening a new restaurant.
The communication plan emphasizes regular communication among stakeholders, the project team, vendors, and suppliers to ensure effective collaboration and timely progress updates throughout the project.
Work Breakdown Structure (WBS):
1. Start Date: [Insert start date]
2. Milestones:
a. Lease agreement signed - Duration: 1 week
b. Design and layout finalized - Duration: 2 weeks
c. Construction completed - Duration: 12 weeks
d. Equipment and furniture installation - Duration: 1 week
e. Staff hiring and training completed - Duration: 4 weeks
f. Menu development and testing - Duration: 2 weeks
g. Soft opening and testing - Duration: 1 week
h. Grand opening - Duration: 1 day
3. Activities and Tasks:
a. Pre-opening Phase:
- Identify potential locations and conduct site visits
- Negotiate lease terms and sign the agreement
- Secure necessary permits and licenses
- Develop a business plan and secure funding
b. Design and Construction Phase:
- Hire an architect and interior designer
- Develop a restaurant layout and seating plan
- Obtain construction bids and select a contractor
- Oversee construction activities and ensure compliance with building codes and regulations
c. Equipment and Furnishing Phase:
- Identify required kitchen equipment, furniture, and decor
- Source suppliers and obtain quotes
- Purchase and install equipment and furniture
- Set up POS system and technology infrastructure
d. Staffing and Training Phase:
- Develop job descriptions and recruit staff
- Conduct interviews and select employees
- Provide training on restaurant procedures, customer service, and safety protocols
- Create employee schedules and establish HR policies
e. Marketing and Launch Phase:
- Develop a marketing strategy and branding
- Create a website and social media presence
- Plan and execute a pre-opening marketing campaign
- Coordinate with local influencers and media for promotion
f. Operations Phase:
- Finalize the menu and establish relationships with food suppliers
- Implement inventory management and ordering systems
- Set up financial and accounting processes
- Monitor customer feedback and make necessary adjustments
Communication Plan:
Objective: To ensure effective communication among the project team members, stakeholders, and vendors throughout the project.
1. Stakeholders:
- Hold regular meetings with stakeholders to provide project updates and address any concerns.
- Establish clear channels of communication (email, phone, in-person meetings) to facilitate open dialogue.
2. Project Team:
- Conduct weekly team meetings to discuss progress, challenges, and upcoming tasks.
- Utilize project management software or tools for task assignment, tracking, and collaboration.
- Maintain an open-door policy to encourage team members to communicate issues or suggestions.
3. Vendors and Suppliers:
- Maintain regular communication with vendors to ensure timely delivery of equipment and supplies.
- Provide clear specifications and expectations to vendors and address any issues promptly.
4. Documentation:
- Establish a central repository for project documents and updates, accessible to all team members.
- Distribute project progress reports, including milestones achieved and upcoming activities, on a regular basis.
5. Feedback and Conflict Resolution:
- Encourage team members to provide feedback and suggestions for process improvement.
- Address conflicts or issues promptly and fairly, promoting a positive and collaborative work environment.
6. External Communication:
- Develop a marketing and PR strategy to communicate the restaurant's opening to the public.
- Utilize social media, website, and local media channels to create awareness and engage with potential customers.
Regular and effective communication is essential for the successful execution of the project, ensuring alignment, addressing challenges, and promoting collaboration among all stakeholders involved.
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Identify a true statement about integrated contracts. (Check all that apply.)
1) They are considered complete.
2) They are not finalized.
3) They are oral contracts.
4) They are in written form.
A true statement about integrated contracts is: 1) They are considered complete & 4) They are in written form.
Integrated contracts are considered complete because they include all the terms and conditions agreed upon by the parties involved, and they are in written form to provide clear documentation and evidence of the agreement.
Integrated contracts refer to contracts that are complete and final, where all the terms and conditions of the agreement have been discussed and agreed upon by the parties involved. These contracts are typically in written form, documenting the agreed-upon terms and providing a clear understanding of the rights and obligations of each party.
On the other hand, options 2) and 3) are false statements. Integrated contracts are finalized and not subject to further negotiation or modification. They are typically written contracts rather than oral contracts to ensure clarity, enforceability, and to serve as a legal record of the agreement.
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Which of these is a disadvantage to only using cash to make purchases?
Cash advances require a lot of paperwork and are generally difficult to get is a disadvantage to only using cash to make purchases.
cash is felony gentle—forex or coins—that may be used to change items, debt, or offerings. every so often it also includes the fee of belongings that may be effortlessly converted into cash immediately, as reported with the aid of an employer.
Cash is the quantity of real cash an enterprise has at its disposal. it's miles are labeled on the balance sheet as a modern asset, which means it's miles in all likelihood for use within the subsequent 365 days, and is commonly held in bank money owed. money or its equal (consisting of a check) paid for goods or services at the time of purchase or delivery. coins. it's a shop of price. coins is extra than only a charge instrument. It permits humans to preserve money for saving functions without default chance. it is useful for a small man or woman-to-character presents and bills.Learn more about cash here: https://brainly.com/question/24179665
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Disclaimer: The question is incomplete. Please read below to find the missing content.
Which of the following is not a disadvantage to cash advances on a credit card?
a.
Cash advances are similar to loans in that they need to be paid back with interest.
b.
Cash advances require a lot of paperwork and are generally difficult to get.
c.
Cash advances are often the last thing to be paid when paying off your credit card.
d.
Cash advances often come with an interest rate much higher than your credit card.
Suppose that the U.S. government decides to charge beer consumers a tax. Before the tax, 10 billion cases of beer were sold every year at a price of $7 per case. After the tax, 5 billion cases of beer are sold every year; consumers pay $9 per case (including the tax), and producers receive $6 per case.
a. The amount of the tax on a case of beer is ($_____) per case. Of this amount, the burden that falls on consumers is ($_____) per case, and the burden that falls on producers is ($_____) per case.
b. (True or False) The effect of the tax on the quantity sold would have been smaller if the tax had been levied on producers.
Answer:
$3
$2
$1
false
Explanation:
Tax is a compulsory sum levied by the government on goods and services. it increases the price of the good
Tax on a case of beer = amount consumers pay after the tax has been levied - amount producers receive = $9 - $6 = $3
Burden on consumers = amount consumers pay after the tax has been levied on the cases of beer - amount consumers pay before tax was levied on cases of beer = $9 - $7 = $2
Burden on producers = Tax on a case of beer - Burden on consumers = $3 - $2 = $1
false. producers are already being taxed
Look for _____ in research information showing preferential treatment or consideration regardless of legitimate reasoning.
credibility
relevance
bias
additional sources
Answer:
bias
Explanation:
bias is the true anwer
Why do you think time is an important aspect of work study