If she parks on the street use your IOR Tutorial to find these steady state probabilities for each policy. Then evaluate the expression obtained in part (b) to find the optimal policy by exhaustive enumeration. The answer is OPION C
If P(Xn+1 = j|Xn = i) = P(X1 = j|X0 = i), i.e., the transition probabilities do not depend on time n, then the Markov chain X(t) is time-homogeneous. If so, then the probability of moving from i to j in a single step is given by pij = P(X1 = j|X0 = i), and the transition matrix is given by P = (pij).
The final value is another name for the steady state value. This steady state value is very simple to determine using the Final Value Theorem: Where y(t) is in the time domain and Y(z) is in the frequency domain, limty(t)=limz0zY(z). In this case, your transfer function would be H(z)=Y(z)X(z)=.
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Fahmi would like some advice on what skills he would need to become a film director. Which of these people at Fahmi’s school would MOST likely be able to provide useful advice?
A.
principal or vice principal
B.
guidance counselor
C.
commercial drawing teacher
D.
painting and drawing instructor
What are some of the biggest challenges identified by the various NASA project managers interviewed in the video?
Answer: The biggest challenges are measures of projects success like if a project fails.
Explanation: NASA's project management challenges identified 4 factors the present the greatest challenges to successful projects.
To incorporate, which of the following will the state want to know about your company?
• A. first year, gross profit goals
• B. the gross profit from the first quarter
• C. board of director education level
• D. the purpose of your business
The following will the state want to know about your company, The purpose of your business.
What is a Business?A business is a set of operations that a person or a group of individuals conduct in order to earn income, the sole purpose of a business is to earn income, there are three types of businesses, Sole trader, Partnership and Company.
When starting a new business, the business first needs to be registered with the government and at the time the purpose of the business is to be defined to the state, in this way the state knows about what kind of business is being incorporated and keeps a track of it.
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Decisions for Tomorrow Suppose a person who is developing a card game crowdfunds $40,000 and holds this as cash for future
expenses. If this $40,000 comes from donors' checking accounts, by how much will the money supply fall if the reserve ratio is 10
percent?
Instructions: Enter your response as a whole number.
The money supply will decrease by $
4
Explanation:
If the reserve ratio is 10 percent, this means that the bank is required to hold onto 10 percent of the funds deposited in reserve and can lend out the remaining 90 percent. Therefore, if the $40,000 received from donors' checking accounts is deposited into a bank, the bank will hold $4,000 (10% of $40,000) in reserve and can lend out the remaining $36,000.
Since the initial $40,000 was created by donors depositing money into their checking accounts, it represents an increase in the money supply. However, when the money is deposited into the bank and the reserve ratio is applied, the total money supply will decrease by the amount held in reserve. Therefore, the money supply will decrease by $4,000.
Bradley plans to borrow $14,000 to pay for his education. The federal government will provide him with the money, but in return he must pay it all back over several years, plus an extra fee that amounts to 3 percent of the money each year. What is that original sum of $14,000 called?
A.
penalty
B.
accounting
C.
principal
D.
interest
The spot exchange rate is ¥125 = $1. The U.S. discount rate is 10%; inflation over the next three years is 3% per year in the U.S. and 2% per year in Japan.
Year 0 Year 1 Year 2 Year 3
–¥1,000,000 ¥500,000 ¥500,000 ¥500,000
NPV = $2,137.46
USE THIS INFORMATION TO ANSWER THE NEXT QUESTION
Consider a project of the Cornell Haul Moving Company, the timing and size of the incremental after-tax cash flows (for an all-equity firm) are shown below in millions:
0 1 2 3 4
–$1000 +$125 +$250 +$375 +$500
If the firm were financed entirely with equity, the required return would be 10%. What is the value of this project to an all-equity firm?
a) –$46.5
b) $46.5
c) -$56.5
d) $56.5
Web developers work with a range of software applications. Which of these is an example of a software application?
A.
Photoshop
B.
Python
C.
HTML5
D.
JavaScript
A. Photoshop is an example of a software application. It is a graphics editor used for creating images, artwork, and other visuals.
What is software?Software is a set of instructions or programs that tell a computer or other device how to perform a specific task. Software can be stand-alone, meaning that it runs independently, or it can be bundled with hardware or other software. It is typically written in high-level programming languages, such as Java, C, and Python, which are designed to be easily understood by humans. Software applications are usually used to carry out complex tasks or to provide access to a variety of services, such as web-based applications, databases, and gaming platforms.
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Equipment bought at Kal Tech systems at a cost of $200,000 was depreciated using the double declining balance (DDB) method. In year four, the company decided switch to the straight-line depreciation method. Determine the depreciation charges in year 4. Assume a depreciable life of 10 years and a salvage value of $20,000.
A. $32,000
B. $25,600
C. $17,066.66
D. $13,733.83
The depreciation charges in year 4, given the switch to straight-line depreciation would be D. $13,733.83
How to find the depreciation ?Annual Depreciation = (Cost - Salvage Value) / Depreciable Life
The cost of the equipment is given as $200,000, the salvage value as $20,000, and the depreciable life as 10 years. Therefore,
Annual Depreciation = ($200,000 - $20,000) / 10
Annual Depreciation = $180,000 / 10
Annual Depreciation = $18,000
Therefore, the depreciation for year 4 can be calculated as follows:
Depreciation for Year 4 = (Remaining Book Value - Salvage Value) / Remaining Depreciable Life
Depreciation for Year 4 = ($102,400 - $20,000) / 7
Depreciation for Year 4 = $82,400 / 7
= $13,733.83
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Use the IS-LM diagram to describe the short-run and long-run effects of the following changes
on national income, the interest rate, the price level, consumption, investment, and real
money balances.
a. An decrease in the money supply.
b. An increase in taxes.
Okay, here is how we can analyze the short-run and long-run effects of these changes using the IS-LM diagram:
a. A decrease in the money supply:
Short-run:
IS curve shifts to the left, decreasing investment spending at any given interest rate. The interest rate rises to restore equilibrium, shifting the LM curve to the left as well. National income falls, consumption and real money balances decrease while the price level rises.
Long-run:
The higher interest rate discourages investment, shifting the IS curve further left. The economy settles at a lower level of national income, consumption falls further, investment declines substantially, the price level rises more, and real money balances continue decreasing.
b. An increase in taxes:
Short-run:
The increase in taxes shifts the IS curve to the left, decreasing investment at any given interest rate. The interest rate rises to offset this, shifting the LM curve left as well. National income falls, consumption decreases, investment declines, the price level rises slightly, and real money balances drop.
Long-run:
The higher interest rate and tax burden significantly curb investment, shifting the IS curve further left. The economy settles at a much lower level of national income, consumption falls substantially, investment nearly disappears, the price level rises moderately more, and real money balances continue decreasing appreciably.
In summary, in both the short-run and long-run, a decrease in the money supply and an increase in taxes lead to lower output, income, consumption and investment along with higher interest rates, price levels and smaller real money balances. The long-run impacts are more severe as adjustments take time. Please let me know if you need more details.
We have to use an IS-LM diagram where we can describe the short-run and long-run effects of the changes on national income, the interest rate, the price level, consumption, investment, and real money balances. An decrease in the money supply and an increase in taxes can be shown by describing short run and long run.
a. A decrease in the money supply: Short-run: At any particular interest rate, the IS curve shifts towards the left, reducing investment expenditures. To reestablish equilibrium, the interest rate rises, pushing the LM curve for the left. While the price level rises, national income falls, consumption & real money balances fall. Long-run: Higher interest rates discourage investment, causing the IS curve to shift to the left. The economy settles around a lower level of national income, consumption falls more, investment falls further, inflation rises further, and real money balances continue to shrink.
b. An increase in taxes:
Short-run: Tax increases cause the IS curve to shift to the left, reducing investment at a particular interest rate. To compensate, interest rates rise, pushing the LM curve to the left. National income falls, consumption falls, investment falls, prices rise marginally, and real money balances fall. Long-run: larger interest rates and a larger tax burden considerably reduce investment, pushing the IS curve to the left. The economy settles at a much smaller amount of national income, consumption declines significantly, investment practically disappears, the price level rises little more, but real money balances continue to fall significantly.
In summary, a fall in the money supply and a rise in taxes lead to decreased output, income, consumption, and investment, as well as higher interest rates, price levels, and smaller real money balances in both the short and long run. Because changes take time, the long-term consequences are more severe.
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PLEASE HELP ASAP!! (35 POINTS)
Why do some employees decline to participate in a company’s 401(k) program?
A. They already have too much set aside for retirement.
B. They are certain they will work all their lives and never retire.
C. They don’t want the company to provide matching funds.
D. They don’t want to set aside part of each paycheck.
- Please only put the correct answer and no links.
Answer: c
Explanation:
Which of the following is an example of investing in yourself?
A) Investing your money in the stock market
B) Taking the time to learn how to create a budget
C) Signing up for an online class
D) Planning out your financial goals
Career clusters include Finance and Health Science.
A.
True
B.
False
Answer:
I think it's true so a hope this helps
On February 28, Pitt packaged goods and had them ready for shipping to a customer FOB destination. The invoice price was $350 plus $25 for freight; the cost of the items was $280. The receiving report indicates that the goods were received by the customer on March 2
Answer:
Based on the information given, we can infer that the terms of the sale were FOB (Free on Board) destination. This means that the seller (Pitt) is responsible for the goods until they reach their destination (the customer's location).Since the customer received the goods on March 2, this means that the goods were in transit for at least a day. This could have been due to shipping delays, distance between the seller and the customer, or other factors.The invoice price of the goods was $350, which included $25 for freight. This means that the actual cost of the goods themselves was $350 - $25 = $325.The cost of the items to Pitt was $280. This means that the profit on the sale was $325 - $280 = $45.It's important to note that there may have been other costs associated with the sale, such as packaging materials or labor costs, that are not mentioned in the given information.
A newspaper article written by the Associated Press in 1994 reported that the U.S. economy
was experiencing a low rate of inflation. It said that "low inflation has a downside: 45 million
recipients of Social Security and other benefits will see their checks go up by just 2.8 percent
next year." Why does inflation affect the increase in Social Security and other benefits?
Briefly explain.
Inflation affects the increase in Social Security and other benefits since these benefits are modified on a regular basis to keep up with increased living costs.
How does inflation affect the Social Security and other benefitsWhen inflation is modest, the cost of goods and services does not rise significantly, and thus the adjustment to Social Security and other payments is reduced. If, on the other hand, inflation is strong, the cost of goods and services rises quickly, and the adjustment to Social Security and other benefits must be larger to keep up with the increased expenses.
This is because the government wants to ensure that Social Security recipients can keep their purchasing power despite rising commodity and service prices.
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What does extroversion,openness,consciousness,neuroticism and agreeableness have in common
Sean has just been promoted to shift manager at the store where he works. What is the FIRST thing he should do when he is trying to resolve a conflict between two employees that he supervises?
A.
give constructive criticism to the employee who is in the wrong
B.
find out what the conflict is about so he understands what’s going on
C.
think about what to say to each employee
D.
have both employees write down the solution to the conflict
Answer:
When trying to resolve a conflict between two employees that he supervises, the first thing Sean should do is to determine whether the situation is emotionally charged and define the severity of the conflict. Once he has assessed the issue, if appropriate, he should talk to each employee individually to let them know he’s aware of the situation. Then, he should encourage open communication and resolution among the employees involved. He can ask them if they feel comfortable going to the other employee and handling it one-on-one.
Explanation:
Q3- Describe types of HR policies.
Some types of HR policies include:
Recruitment and selectionTraining and developmentPerformance managementEmployee termination What are some HR policy types ?.The policy for recruitment and selection clearly outlines the different steps taken, such as posting job openings, screening resumes, conducting interviews, and ultimately offering employment. Moreover, organizational training opportunities are discussed thoroughly in the training and development policy.
Performance management protocols facilitate employee evaluations via appraisals, feedback sessions, and goal-setting policies. Additionally outlined procedures for terminating personnel include disciplinary actions that are documented, mass layoffs determined by company growth, or terminations due to lack of satisfactory work output after repeated warnings have failed.
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Answer:
Explanation:
There are different types of HR policies
Recruitment and Selection Policies:
These policies outline the procedures for hiring and selecting new employees. They may include guidelines for job postings, applicant screening, interview processes, and background checks
Performance Management Policies:
These policies establish how employee performance is evaluated, monitored, and measured. They typically include guidelines for setting performance expectations, conducting performance appraisals, and providing feedback to employees
Compensation and Benefits Policies:
These policies outline the organization's approach to compensating employees for their work. They may include guidelines for salary, bonuses, incentives, and benefits packages, such as health insurance, retirement plans, and paid time off.
Employee Relations Policies: These policies define how the organization manages employee relations issues, such as workplace harassment, discrimination, and grievances. They may include guidelines for conflict resolution, disciplinary action, and termination procedures
Workplace Health and Safety Policies:
These policies establish the organization's approach to promoting a safe and healthy work environment. They may include guidelines for identifying and addressing workplace hazards, implementing safety training programs, and providing employees with protective equipment.
Training and Development Policies: These policies outline the organization's approach to employee training and development. They may include guidelines for identifying training needs, selecting training methods, and providing ongoing professional development opportunities
Diversity and Inclusion Policies:
These policies promote diversity, equity, and inclusion in the workplace. They may include guidelines for creating a diverse and inclusive workforce, addressing unconscious bias, and promoting cultural competence
What is a grant?(1 point) Responses
O a quantity of money, i.e., financial assistance, given by a government, organization, or person for a specific purpose
O an amount of money given to somebody by an organization to help pay for their education
O a form completed by current and prospective college students (undergraduate and graduate) in the United States to determine their eligibility for financial aid
O a thing that is borrowed, especially a sum of money that is expected to be paid back with interest
1. What is a grant?
a quantity of money, i.e., financial assistance, given by a government, organization, or person for a specific purpose
2. What is a scholarship?
an amount of money given to somebody by an organization to help pay for their education
3. What is the Free Application for Federal Student Aid?
a form completed by current and prospective college students (undergraduate and graduate) in the United States to determine their eligibility for financial aid
4. What is a student loan?
money that has to be repaid and incurs interest, designed to help students pay for postsecondary education and the associated fees, such as tuition, books and supplies, and living expenses
5. What is a grant?
money awarded to a student, often based on financial need, for a specific purpose (like tuition) by a government or an organization
Personal Finance- Financial Aid Process Quick Check4/21/2023
A grant is a quantity of money, i.e., financial assistance, given by a government, organization, or person for a specific purpose. Hence, the correct answer is A.
What are grants?Grants are non-repayable funds or products disbursed or gifted by one party (grant makers), often a government department, corporation, foundation, or trust, to a recipient, often (but not always) a nonprofit entity, educational institution, business, or an individual.
Grants are different from loans, as they do not have to be repaid with interest. Instead, grants are essentially "free money" that is awarded to individuals or organizations that meet specific criteria.
Therefore, a grant is a quantity of money, i.e., financial assistance, given by a government, organization, or person for a specific purpose. Hence, the correct answer is A.
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You want to buy a house within 3 years, and you are currently saving for the down payment.
You plan to save $5000 at the end of the first year, and you anticipate that your annual savings
will increase by 10 % annually thereafter. Your expected annual return is 7%. How much would
you have for a down payment at the end of year 3?
You would have $17,081.69 for a down payment at the compounded end of year 3.
Assuming that you save at the end of each year and your expected annual return is 7%, your total savings at the end of year 3 can be calculated using the following formula:
A = [tex]P(1 +\frac{r}{n})^{(n*t)}[/tex]
Where:
A = Total amount after t years
P = Principal amount
r = Annual interest rate
n = Number of times interest is compounded per year
t = Time period in years
Savings at end of year 3 = (Savings at end of year 1 x (1 + 7%)²) + (Savings at end of year 1 x (1 + 10%) x (1 + 7%)) + (Savings at end of year 1 x (1 + 10%)² x (1 + 7%))
Plugging in the numbers, we get:
Savings at end of year 3 = ($5000 x 1.07²) + ($5000 x 1.10 x 1.07) + ($5000 x 1.10² x 1.07) = $17,081.69
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Deep discount bonds reflect questionable quality. True False
Answer:
I think "False" but I'm not sure.
Explanation:
I'm sorry if it's wrong.
Can Uber Be the Uber of Everything ?How does the Internet change consumer and supplier relationships?please add references
Uber, as a platform-based business model
UberBy using the internet to connect customers and drivers, Uber, a platform-based business model, has upended the conventional taxi industry. Uber's potential to become the "Uber of Everything" is a difficult subject, and the answer may change depending on a number of variables.On the one hand, Uber has already gone beyond ride-sharing to provide food delivery, electric bike rentals, and freight transportation. In this regard, Uber has already begun to market itself as a multi-service platform that can provide customers with a variety of services.Yet in order for Uber to become the "Uber of Everything," it would need to overcome a number of obstacles. For instance, certain services can need particular technical or logistical assistance.
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When you enter data into a database, the program actually enters information into one or more related ___.
The programme actually inserts data into one or more linked tables when you enter data into a database.
What Is a Database?
A database is an organized collection of data that is stored and managed in a computer system. It is designed to efficiently store, retrieve, and manage large amounts of data, making it easy to search, sort, and filter information. A database typically consists of one or more tables, each of which is composed of rows and columns. Each table represents a specific entity, such as customers, products, or orders, and each row represents a unique record or instance of that entity. The columns in the table represent attributes or properties of the entity, such as name, address, or price. In addition to tables, a database may also include other objects such as views, stored procedures, and triggers, which provide additional functionality for working with the data.
Databases are used in a wide range of applications, from managing customer information for a small business to tracking millions of transactions for a large corporation. They are a fundamental component of modern computer systems, and their use has become ubiquitous in both business and personal contexts.
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Noah is a chef at a small restaurant. He can quickly chop vegetables into tiny, even pieces without cutting himself. What skill does Noah have?
A.
duality
B.
austerity
C.
persistence
D.
dexterity
According to the question Noah have dexterity skill.
What is skill?Skill is the ability to do something well, resulting from training and experience. It is the knowledge or expertise developed from learning and practice to carry out a specific task. Skills can be developed through formal or informal education and training. These can involve working with people, problem-solving, communication, critical thinking, decision-making or working with technology. Practicing and developing skills can help build confidence and increase employability. Soft skills are interpersonal skills, such as teamwork, leadership, communication, and problem-solving. Hard skills are technical abilities, such as coding or working with a specific software program. Having a combination of both sets of skills can help to increase employability and open up new career opportunities.
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Q2-Non utilized talent one of the major wastes in any organization How to deal with this waste.
Non-utilized talent is indeed a major waste in any organization, as it represents a lost opportunity to leverage the skills and abilities of employees to improve organizational performance.
Here are some ways to deal with this waste:
Identify non-utilized talent: The first step in addressing non-utilized talent is to identify employees who are not fully utilizing their skills and abilities. This can be done through performance evaluations, feedback sessions, or conversations with managers.
Provide training and development: Once talent has been identified, organizations can provide training and development opportunities to help employees enhance their skills and knowledge, and to develop new competencies that align with the organization's goals and strategies. This can include on-the-job training, mentoring, coaching, job rotations, and formal training programs.
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You recently became the server administrator for a company. As soon as you walked in the door, users were telling you the network is running slowly quite often, but they couldn't tell you when it happened or how much it slowed down. What tests and measurements could you use to try to determine what's going on?
Answer:
As a server administrator, there are several tests and measurements that you can use to determine the cause of slow network performance. Here are a few:
1. Network Monitoring: Use a network monitoring tool to track network usage, bandwidth, and traffic patterns. This can help identify which devices or applications are consuming the most bandwidth and causing network congestion.
2. Ping and Traceroute: Use ping and traceroute commands to check the network connectivity and identify any network latency or packet loss issues.
3. Bandwidth Testing: Use bandwidth testing tools to measure the network's upload and download speeds. This can help identify if the network is experiencing slow speeds due to limited bandwidth.
4. Protocol Analysis: Use protocol analysis tools to analyze network traffic and identify any issues with network protocols, such as TCP/IP or DNS.
5. Server Performance Monitoring: Monitor server performance metrics, such as CPU usage, memory usage, and disk usage, to identify any issues with the server that could be causing slow network performance.
By using these tests and measurements, you can identify the root cause of slow network performance and take steps to address the issue.
You recently became the server administrator for a company. As soon as you walked in the door, users were telling you the network is running slowly quite often, but they couldn't tell you when it happened or how much it slowed down.
In addition to the mentioned tests, I would also conduct the following:
Traceroute - Run traceroute commands to trace the network path and identify any delays or bottlenecks in data transmission between nodes.
Bandwidth Analysis - Employ network traffic analysis tools to identify bandwidth-hogging applications or users, helping optimize resource allocation.
User Surveys- Collect feedback from users about their experience with the network, including perceived slowdowns, specific times of occurrence and the affected tasks.
By combining these tests and measurements, I can gather comprehensive data to pinpoint the cause of the slowdowns and allowing for targeted troubleshooting and optimization to improve the overall network performance.
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1. As a media strategy, how does the press release “Gift of the Givers and Mall of Africa join
forces to support learners” demonstrate and incorporate each of the 5 key elements of strategy
listed below?
1.1 Sustainability (4)
1.2 Competitive Advantage (4)
1.3 Alignment with the environment (4)
1.4 Develop process to deliver strategy (4)
1.5 Adding value (4)
The press release "Gift of the Givers and Mall of Africa join forces to support learners" demonstrates and incorporates the 5 key elements of strategy in a meaningful way.
The initiative aims to provide long-term support to learners in need, contributing to the sustainability of the education system in South Africa. By leveraging the resources and expertise of both organizations, the collaboration provides a unique competitive advantage over other initiatives. The partnership is aligned with the current socio-economic and educational environment in South Africa, addressing the unprecedented challenges learners are facing due to the pandemic.
The press release also outlines the process for delivering the initiative, demonstrating the organization's commitment to developing a robust strategy. By adding value through essential educational resources and support, the collaboration between Gift of the Givers and the Mall of Africa will create a greater impact and reach more learners in need.
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There are two movie theatres in the town of Harkinsville: Modern Multiplex, which shows first-run movies,
and Sticky Shoe, which shows movies that have been out for a while at a cheaper price. The demand for
movies at Modern Multiplex is given by
qMM = 14 − pMM + pSS
while the demand for movies at Sticky Shoe is
qSS = 8 − 2pSS + pMM
where prices are in euros and quantities are measured in hundreds of moviegoers. Modern Multiplex has a
per customer cost of €4, while Sticky Shoe has a per customer cost of €2.
(a) Find each theatre’s profit function, and each theatre’s best-response rule.
(b) Find the Nash equilibrium price, quantity, and profit for each theatre.
(c) What would each theatre’s price, quantity, and profit be if the two decided to collude to maximise joint
profits in this market? Would that outcome be a Nash equilibrium?
Notice that Modern Multiplex and Sticky Shoe provide substitute services in the aforementioned circumstance.
What is the substitute for the aforementioned response?We must examine the link between the demand functions of the two theatres in order to establish whether Modern Multiplex and Sticky Shoe provide services that are alternatives or complements.
Considering the demand curves for each theatre:
QMM= 14 −PMM+ PSS
QSS= 8 −2PSS+ PMM
We can see that both the price of Modern Multiplex tickets (PMM) and the price of Sticky Shoe tickets have an impact on the quantity demanded at Modern Multiplex.
Yet, both the price of tickets for the Modern Multiplex and Sticky Shoe (PSS) have an impact on the quantity demanded at Sticky Shoe (PMM).
The two theatres provide replacement services if the cross-price elasticity of demand between Modern Multiplex and Sticky Shoe is positive.
The two theatres provide complimentary services if, on the other hand, the cross-price elasticity of demand between them is negative.
While keeping all other variables fixed, we must take the partial derivative of the quantity demanded at one theatre with respect to the price of the other theatre in order to get the cross-price elasticity of demand. In this instance, we obtain: Modern Multiplex cross-price elasticity of demand with regard to Sticky Shoe:
∂QMM/∂PSS = 1 > 0
Demand for Sticky Shoe and Modern Multiplex cross-price elasticities:
∂QSS/∂PMM = 1 > 0
We can therefore conclude that Modern Multiplex and Sticky Shoe provide competitive services because the cross-price elasticity of demand between the two theatres is positive in both scenarios.
As a result, customers will move from Modern Multiplex to Sticky Shoe as ticket prices rise, and vice versa.
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chapter 2 Mindtap principle of management
What did the entrepreneurs say about "brainpower" in the video? There was a comment by both managers involving "disagreement", and how many brains are involved in running their business. Summarize their feelings, and then state whether you agree or disagree with this. Why or why not? When it is more appropriate to have highly structured process and procedure in running a restaurant?
2. Have you ever experienced highly structured management styles? Did you like it, or not? For example, I (Todd, your instructor) managed a call center where agents were required to say, exactly, "Customer Service, this is Todd, may I have your account number please?" as their greeting. They were also required to say, verbatim, "Thank you for calling BankName, good-bye." If they varied from this structure, they were scored lower on their call ratings. This helped the bank show the same service to all customers, in the minds of the managers. We also had very specific ways to access the phone, take breaks, and so on. This is an example of high structure, and I am not saying it was good or bad. Do you have examples of "very high" or "very low" structure to share? Relate it to the video.
3. The manager in the video disagrees with a very common customer service philosophy. What does he say he disagrees with? Do you agree with his statement, why why not?
Structured processes are essential in a restaurant for consistency and quality control. For example, a highly structured recipe and cooking process can maintain the real taste of a dish.
What is the principle about?Individual encounters with highly regimented management approaches can diverge. Highly structured processes and procedures can bring clarity and consistency for some individuals. When determining the level of organization to implement, it is imperative that managers take into account the requirements and choices of their staff.
Therefore, the manager holds a different perspective regarding the conventional customer service philosophy, as said philosophy can differ considerably based on the type of industry and organization.
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If a bank pays a 6% nominal rate, with monthly compounding, on deposits, what effective annual rate does the bank pay?
Answer:
So effective interest rate would be 6.17%, which means if we apply 6.17% interest rate per year, it will give us exactly the same future value as applying interest rate of 6% compounded monthly.
Devon would like to attend a four-year college or university and decides to research the average SAT scores of the schools that interest him. Why would he research the SAT scores?
A.
He can take practice SAT exams and try to get a score that matches or exceeds their average scores.
B.
He can take easier classes so his grade point average will be high enough that his SAT scores will not matter.
C.
Devon can eliminate schools with high SAT averages so he won’t have to work so hard.
D.
Devon can eliminate schools with low SAT averages so he can tell people he is going to an excellent school.
A. He can take practice SAT exams and try to get a score that matches or exceeds their average scores.
What is score?Score is a measure of achievement or success in a particular activity, test, or game. It is a numerical value that is used to evaluate an individual's performance. Scores are often presented in the form of a percentage, letter grade, or points. Scores are used to determine a person's level of knowledge or skill in an area, and can be used to compare one person's performance to another. Scores are used in a variety of activities, including standardized tests, athletic competitions, and academic grading systems.
This is the correct answer as researching the SAT scores can give Devon an indication on the required score he needs to meet in order to be accepted into the college or university. He can then take practice exams to help him reach this score.
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