On average Hongik hotel receives 100 guests per day. On average there are 600 guests in the hotel. There are two types of rooms in Hongik hotel: Luxury and Economy. On average, 60 Luxury guests arrive at the hotel every day and that there are 360 Luxury guests staying in the hotel.
Question A) How long, on average, does a Luxury guest stay at the hotel?
Question B) How long, on average, does an Economy guest stay at the hotel?
Due to the large number of empty rooms in the hotel, the manager decided to encourage Luxury guests to stay longer in the hotel. After a promotional campaign, the manager observed that 480 Luxury guests are now staying in the hotel on average.
Question C) How long does Luxury guest stay in the hotel now, on average? Assume that the number of Luxury guests arriving every day did not change.

The reason that the law of demand exists is: D) "people substitute cheaper products for more expensive products".

The law of demand states that there is an inverse relationship between the price of a good and the quantity of it that consumers are willing and able to buy. This means that as the price of a good increases, the demand for it decreases, and vice versa. The reason that this law exists is because people have limited budgets and will often substitute cheaper products for more expensive ones.

This results in a lower demand for the more expensive product and an increased demand for the cheaper substitute. The law of demand forms a fundamental principle in economics and helps to explain consumer behavior and market dynamics.

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Suppose that the distribution of the 1-year loss is given as:L($ million)   Probability 0.1a) 1-year 70% is defined as the maximum possible loss for a given level of confidence and period of time.

The 70% VaR, therefore, implies that the confidence level is 1-70% = 30%, and the period of time is 1 year.To calculate the 70% VaR, we need to find the maximum loss of the 30% probability:1. Sort the loss and probability values in descending order:Loss ($ million)    Probability

Cumulate the probability values:Loss ($ million)    Probability    Cumulative Probability        1.03. Identify the maximum cumulative probability that is less than or equal to 0.3. From the table above, the maximum cumulative probability is 0.2.4.

The corresponding loss is the 70% VaR: 2 $ million.b) 1-year 70% ES:ES is defined as the average loss of the worst 30% of scenarios.

In order to find the ES, we must first calculate the loss corresponding to the 30th percentile. From the cumulative probability column of the table above, the loss corresponding to the 30th percentile is $0 million.To calculate the ES, we need to average the losses exceeding $0 million.

These are losses for which the probability is 0.4, 0.1, and 0.1.Loss Probability Cumulative Probability -1 0.4 0.4 0 0.1 0.5 1 0.1 0.6 2 0.1 0.7 4 0.1 0.8 The average of these losses is: (-1*0.4+0*0.1+1*0.1+2*0.1+4*0.1)/0.3 = 1.13 $ millionThus, the 1-year 70% ES is 1.13 $ million.c) 1-year 80% VaR:To calculate the 80% VaR, we need to find the maximum loss of the 20% probability.

Using the same steps from part (a), the 80% VaR is the maximum cumulative probability that is less than or equal to 0.2.Loss Probability Cumulative Probability -1 0.4 0.4 0 0.2 0.6 1 0.2 0.8 2 0.1 0.9 4 0.1 1.0The maximum cumulative probability that is less than or equal to 0.2 is 0.6.

Therefore, the corresponding loss is 0 $ million.d) 1-year 80% ES:To calculate the 80% ES, we need to find the average loss of the worst 20% of scenarios. The loss corresponding to the 20th percentile is $0 million. The losses exceeding $0 million correspond to probabilities of 0.2, 0.2, 0.1, and 0.1.Loss Probability Cumulative Probability -1 0.4 0.4 0 0.2 0.6 1 0.2 0.8 2 0.1 0.9 4 0.1 1.0 The average of these losses is: (-1*0.4+1*0.2+2*0.1+4*0.1)/0.2 = 0.6 $ millionThus, the 1-year 80% ES is 0.6 $ million.

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1. I imagine buying 100 shares of Amazon.com Inc. on January 3, 2020, when the stock price was $93.75, investing $9,375.  

Today, October 31, 2022, the stock price of Amazon.com Inc. is $102.44.

2. The real return on my investment in Amazon.com Inc was a net loss of  7.12% or $667.60.

3. The company I selected to buy its stock three years ago was Amazon.com Inc.

4. I decided on Amazon.com Inc., hoping to earn spectacular returns since it is a multinational technology company.

5. When I consider the actual return on the stock investment in Amazon.com Inc., I think it was an unwise investment.

6. The investment returned a negative real value because I realized less than I initially invested; I actually lost about $667.60 overall.

Stock investment is the purchase of shares for an ownership interest in a publicly-listed company.

The investor makes the investment with the hope that the investee will grow and perform well over some period, enabling the investor to earn some real returns (in the form of dividends and capital appreciation).

Purchase of 100 shares Jan. 3, 2020 = $9,375 (100 x $93.75)

Sales of 100 shares Oct. 31, 2022 = $10,244 (100 x $102.44)

Tax (10%) = $1,024.40 ($10,244 x 10%)

Inflation (3%) = $307.32 ($10,244 x 3%)

Administration fee on sales (2%) = $204.88 ($10,244 x 2%)

Real Returns in dollars = $8,707.40 ($10,244 - $1,024.40 - $307.32 - $204.88)

Loss on returns = $667.60 ($8,707.40 - $9,375)

Loss percentage = 7.12% ($667.60/$9,375 x 100)

Unfortunately, Amazon.com Inc. did not pay any dividends during the period of my investment, and I really lost funds to taxes, inflation, and administration fees when I sold it.

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An example of a behavioral interview question is a. An irate customer is demanding her money back. How would you handle the situation?

Behavioral questions assess past behavior in situations. Candidates share examples and explain how they handle scenarios. Employers learn from candidates' past behavior to assess their skills, abilities, and problem-solving methods

For instance, this question asks about handling an angry customer. Interviewer seeks candidate's ability to handle tough customer interactions & conflicts. Candidate expected to share past experience/example.

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Answer:

i think its b even tho im probbly wrong

Due to massive increases in agriculture and production area over the last two decades, per capita vegetable consumption has increased to 105 kg from 60 kg. Nepal has reported 3,243,521 vegetable holdings. Vegetable crops are grown on a total of 232,295 hectares of cultivable land.

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Answer:

a. $9,050,000

Explanation:

You just need to add that all together

To calculate the future worth of the savings for the BNF railroad in year 5, we need to take into account the increasing amounts saved each year and the interest rate of 10% per year.

First, let's list the savings for each year:

Year 1: $100,000

Year 2: $110,000

Year 3: $120,000

Year 4: $130,000

Year 5: $140,000

To calculate the future worth of these savings at an interest rate of 10% per year, we can use the formula for future value of a series of cash flows. The formula is:

Future Worth = S * (1 + r)^n - S

Where:

S = Annual savings

r = Interest rate

n = Number of years

In this case, we will calculate the future worth for year 5. Substituting the values into the formula:

Future Worth = $140,000 * (1 + 0.10)^5 - $140,000

= $140,000 * (1.10)^5 - $140,000

≈ $140,000 * 1.61051 - $140,000

≈ $225,471 - $140,000

≈ $85,471

Therefore, the future worth of the savings for the BNF railroad in year 5, considering the increasing amounts and 10% interest rate, is approximately $85,471.

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In conclusion, the rising prices of basic food prices, transportation, petrol/diesel, and parking have had a negative impact on the disposable income of employees. However, increasing wages and salaries can have a positive impact on the organization’s earning power by increasing productivity and reducing employee turnover. Therefore, it is recommended that the company increases the wages and salaries of its employees.

Report on increase in salary for all employees

Employees are the backbone of an organization. They work to make the organization more productive and successful. It is important to maintain their morale and to retain them in the company. One way to achieve this is by increasing their salary.

This report presents a balanced view of the impact of rising prices on basic food prices, transportation, petrol/diesel and parking in addition to the impact of the Coronavirus on the organization’s ability to pay increased wages. It will also provide compelling arguments that increased wages and salaries can have a positive impact on the organization’s earning power.

Impact of Rising Prices on Basic Food Prices According to data from the Office for National Statistics (ONS), the annual rate of inflation in the UK was 2.1% in May 2021, up from 1.5% in April 2021. This means that the cost of basic necessities, including food prices, has gone up. The impact of rising prices on basic food prices is particularly important for low-paid workers who spend a larger proportion of their income on these items.

Transportation, Petrol/Diesel, and Parking

The rise in fuel prices over the years has a significant impact on the disposable income of employees. The ONS has reported that the average price of petrol in the UK was 129.5 pence per liter in May 2021, up from 127.2 pence per liter in April 2021. This means that the cost of transportation, petrol/diesel, and parking has increased significantly. Impact of Coronavirus on the Organization's Ability to Pay Increased Wages The COVID-19 pandemic has had a significant impact on the world economy.

The UK has not been spared, and many businesses have struggled to stay afloat. Our organization is no exception. The pandemic has led to a decline in revenue, and we have had to cut costs to stay in business. Compelling Arguments for Increased Wages and Salaries

The primary reason for increasing wages and salaries is to ensure that employees are fairly compensated for their work.

This can lead to a more motivated and productive workforce, which can, in turn, lead to increased profitability. Studies have shown that higher employee compensation leads to better job satisfaction and lower employee turnover, which can save the company money in the long run.

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According to the FAO definition, an area that has been harvested by clearcutting, but has not yet been replanted, would be considered a non-forest area.

The FAO defines forest as "land spanning more than 0.5 hectares with trees higher than 5 meters and a canopy cover of more than 10 percent, or trees able to reach these thresholds in situ." Clearcutting, which involves the removal of all trees in an area, would lead to a loss of canopy cover and tree density, which means that the area would not meet the criteria for a forest.

Furthermore, the FAO defines afforestation as "the establishment of a forest or stand of trees in an area where there was no forest." If the area has not been replanted after clearcutting, it cannot be considered afforested, and therefore would not meet the criteria for a forest. Therefore, the area that has been harvested by clearcutting, but has not yet been replanted, would be classified as non-forest.

Clearcutting involves removing all or most of the trees in an area, which would result in a loss of forest cover. Until the area is replanted with trees, it cannot be considered a forest again.

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The recent increase in many large insurance companies converting to stockholder-controlled companies can be explained by several factors such as Pressure from investors, Access to capital, Changes in regulatory environment and Mergers and acquisitions.

Several variables can explain the recent surge in the number of large insurance companies transitioning to stockholder-controlled businesses.

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Answer:

A. A shipping employee who performs the same lifting motion over and over.

Explanation:

A shipping employee who performs the same lifting motion over and over, employees is most at risk of repetitive strain injury.

A worker or manager who works for a business, group, or community is referred to as an employee. The organization's personnel consists of these people. There are various types of employees, but in general, any individual engaged by an employer to do a specific task in exchange for remuneration is considered an employee.

The term repetitive injury refers to that, The impacts that affected the muscles, strains, or nerves. As this technique can be caused injuries. They commonly affected the elderly.

Therefore, option (A) is correct

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Answer: 41 Dolars

Explanation: easy

Answer:

Either increasing supply or lowering demand

Explanation:

increasing supply:

e.g. when less developed countries (LDCs) experience a famine or drought, other countries can supply food and/or water to them

lowering demand:

finding alternative solutions of the product (that have the same effect as the original product) or reducing the reasons for why there is a high demand

- e.g. crops not growing well due to weather/crop disease going around -> find a crop that is more resistant to the disease (reducing reasons for demand)

- e.g. rice field has an infestation -> not yielding enough rice to feed the population -> population feels hungry and other foods cannot help them feel full/sustain them -> find another crop to substitute, like yam or potatoes that are equally filling (alternative solutions)

but these two are pretty much the same so

also please note I don't take any courses on supply and demand other than geography so I might be completely wrong

Answer:

Una vez que toda la sustancia está en estado líquido, al continuar calentando vuelve a subir la temperatura y llega un momento en que las fuerzas intermoleculares ya son incapaces de mantener juntas las moléculas del líquido, por lo que éste hierve y se convierte en un gas, se produce la ebullición.

Answer:

A stock symbol is an arrangement of characters—usually letters—representing publicly-traded securities on an exchange. When a company issues securities to the public marketplace, it selects an available symbol for its shares, often related to the company name.

Explanation:

Answer:

the state of Nevada​

Explanation:

The quantity demanded for a product is said to be elastic if price changes cause a larger than proportional shift in quantity demand.

In contrast, a product is said to be inelastic if changes in price have minimal effect on changes in quantity demanded. One product that is extremely inelastic is insulin. Demand for insulin from diabetics is so high that price increases barely have any impact on the amount needed. Price reductions also have no impact on amount needed, as the majority of people who require insulin are already buying it regardless of the price, rather than waiting for it to drop. Products that are very elastic are on the other side of the equation. For instance, spa days are quite elastic because they aren't an essential good.

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Answer:

No, the phone will not be repaired.

Explanation:

The warranty states that if your phone stops working within a year of the original purchase, it will be repaired, but Vanessa bought the phone 18 months ago, which is a year and a half.

So no, the phone will not be repaired under warranty.

Answer:

No

Explanation:

The warranty is for one year only from the date of purchase.

"New market entrants find it much more difficult to survive and thrive" because globalization has actually made it easier for new businesses to enter markets.

The reduction of trade barriers and the spread of technology have created new opportunities for businesses to enter global markets and compete with established players. Therefore, this option is not considered an effect of globalization on the competitive environment.

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Answer:

The Answer is D

Explanation:

It is D because you will have to organize your tasks before you do anything else.

Loans, grants, and work-study are the three categories of federal financial aid.

Grants are typically offered based on financial need, whereas scholarships are merit-based and given to students based on their academic performance, extracurricular involvement, field of study, and other factors.

Financial aid is cash that you are given or lent in order to help you pay for college. Financial aid that you don't have to pay back includes grants and scholarships. They are known as gift aid because of this.

Some college finance methods are:

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The monthly payment during the third year is approximately $369.23.

To calculate the monthly payment during the third year, we need to consider the mortgage rate, which is 3% during the third year. Since the adjustable rate mortgage is reset annually, we can use the third year's mortgage rate to determine the monthly payment.  First, we'll convert the annual mortgage rate (3%) to a decimal: 0.03. Then, we'll divide it by 12 to find the monthly rate: 0.03 / 12 = 0.0025. Next, we need to use the mortgage payment formula, which is: Monthly Payment = P * [(r(1 + r)^n) / ((1 + r)^n - 1)] Where:P = Principal amount ($100,000)
r = Monthly interest rate (0.0025) n = Number of payments (30 years * 12 months = 360 payments)
Using the formula: Monthly Payment = $100,000 * [(0.0025(1 + 0.0025)^360) / ((1 + 0.0025)^360 - 1)]
After calculating, we find that the monthly payment during the third year is approximately $369.23.

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The bid-rent theory is an economic concept that explains how the price and demand for real estate are influenced by their location and accessibility.

It states that the value of a particular piece of land is determined by the maximum amount someone is willing to pay for it, based on its location and access to amenities and resources.

As an area becomes more desirable, demand for the land increases, and the bid-rent for that location also increases. This can lead to the development of high-density urban areas where property values are high, and lower-density suburban areas where property values are lower.

In the United States, this theory has played a significant role in shaping the urban structure of cities, as developers seek to maximize profits by locating their properties in areas with high bid-rent values.

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If the demand is p = 60 - 4q and the supply is p=2q

The deadweight loss is 0.

To find the deadweight loss, we need to determine the equilibrium quantity and price and compare them to the efficient quantity and price.

First, let's find the equilibrium quantity and price by setting the demand equal to the supply:

60 - 4q = 2q

Combining like terms, we get:

6q = 60

Dividing both sides by 6, we find:

q = 10

Now we can substitute the equilibrium quantity back into either the demand or supply equation to find the equilibrium price. Let's use the demand equation:

p = 60 - 4q

p = 60 - 4(10)

p = 60 - 40

p = 20

Therefore, the equilibrium quantity is 10, and the equilibrium price is 20.

The deadweight loss is the loss in total surplus due to market inefficiency. In this case, the deadweight loss can be found by calculating the area of the triangle formed between the supply curve, demand curve, and the efficient quantity (where supply equals demand).

To calculate the area of the triangle, we use the formula for the area of a triangle:

Area = 0.5 * base * height

The base of the triangle is the difference between the equilibrium quantity (10) and the efficient quantity. The height of the triangle is the difference between the equilibrium price (20) and the efficient price.

Efficient quantity = 10

Efficient price = 2(10) = 20

Base = 10 - 10 = 0

Height = 20 - 20 = 0

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Answer:

2nd scentence

Explanation:

Online and mobile banking allows you to do the All of these. So option d is correct.

Online and mobile banking offer a range of features and services that allow customers to access their accounts, transfer funds between accounts, pay bills, receive payments online, and perform various other banking functions.

These services are available 24/7 and can be accessed from anywhere with an internet connection, providing customers with greater convenience, flexibility, and control over their finances.

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Online and mobile banking allows you to a: access your accounts at any time of day, b: transfer funds between accounts, and c:  pay bills and receive payments online. Answer is d. "All of these".

Online and mobile banking provides convenience and flexibility to bank customers by offering a range of services. With online and mobile banking, customers can access their accounts 24/7, allowing them to check balances, review transaction history, and monitor account activity at any time that is convenient for them. They can also transfer funds between their accounts, making it easy to manage their finances and move money as needed.

Additionally, online and mobile banking platforms enable users to pay bills electronically and receive payments online, providing a convenient and efficient way to handle financial transactions without the need for paper checks or in-person visits to the bank.

Answer is d. "All of these".

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