What happens to total expenditure of the tour agency
What happens to total expenditure of the tour agency if the price fall from $400 to 350 per night per room? Is the demand for hotel room elastic, in elastic, or unit elastic?
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Best Client Company has sales of 1,300 units at $60 a nit. Variable expense are 45% of the selling price and total fixed expenses are $37,180.
Assume that you can borrow up USto $1,000,000 or SKR 6,250,000. Can you generate arbitrage profits? Show your profits both in USD and SKR terms.
Given the demand curve in part (A), what is equilibrium price and quantity? If consumer incomes increase to $30,000, what will be the new equilibrium price and quantity?
Assume that the VM will turn over 4 times next year if the country wants a GDP of $22 billion at the end of next year, what will have to be the size of the money supply? What percentage increase in the MS will be necessary to achieve the target GD
Calculate the target cost for maintaining current market share and profitability. Calculate the non-value-added cost per unit.
The supply function is S(p) = p. The current administration manages to enforce a price ceiling of 40A2 per button. The effect on net consumer's surplus is?
What is the opportunity cost of investing in capital? Do you think a country can "over invest" in capital? What is the opportunity cost of investing in human capital? Do you think a country can "over invest" in human capital? Explain.
Despite having a negative E & P of $30,000 for the year, Fluorite makes a distribution to its shareholders of $370,000. How is the distribution taxed to the shareholders ?
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