Answer:
The elasticity is about 1.43, and an increase in the price will cause hotels' total revenue to decrease
Explanation:
The formula of the midpoint for the variation of the quantity is and for the price is . With the variation of the price and the quantity the elasticity formula is ΔQ/ΔP. Replacing the elasticity is -1.43
The price elasticity of the demand is bigger than 1, that means that the demand is elastic, every increase of the price will cause a bigger decrease of the quantity, the revenue will drop because the increase of the price do not compansete the decrease of the quantity.
Answer:
use a combination of tests measuring both cognitive abilities and non-cognitive traits such as emotional intelligence and personality
Explanation:
In the given scenario many of the applicants Fran perceives as having good emotional intelligence and agreeable personalities (a plus for a fitness studio), do not score well on the cognitive ability test.
Since she wants people that have non-cognitive traits such as emotional intelligence and personality, and also good cognitive abilities.
She will need to use a combination of tests measuring both cognitive abilities and non-cognitive.
Hi there! I think that the statement , " The elements in a newsletter are the title, graphics, and columns." is false. Hope this helps, and have a lovely day! : )
Answer:
The answer is "- $ 575.68".
Explanation:
please find the attached file.