Why may a hotel charge such very high prices for wine, soft drinks or even bottled water and yet quite reasonable prices for food and still get away with such high prices

To reduce the risk of starting a small business, the government can

Randy arrived at the hotel to find that, although he had a guaranteed reservation, the hotel had no rooms available. He became angry when the hotel made him a reservation at a more expensive hotel but refused to pay the difference in room rates.

The following totals for the month of October were taken from the payroll register of the Tobias Company: Salaries [all subject to social security and medicare taxes] $14,000 Salaries [included above] subject to unemployment taxes 11,000 Federal

Which type of control takes place while plans are being carried out?

Juan likes both hot dogs and burritos. All else equal, when the price of hot dogs rises, he buys more burritos. This can best be explained by: A. the income effect. B. increasing marginal cost. C. the substitution effect D.

Advanced Analysis) Suppose that the linear equation for consumption in a hypothetical economy is: C = 40 + 0.8Y Also suppose that income (Y) is $400. Determine the values for the following: MPC, MPS, C (consumption), APC, S (savings), APS

In international business, a relatively high level of fixed costs can make it economical to perform a particular activity in several locations at once. True / False.

You are given the following information about a portfolio you are to manage. For the long term, you are bullish, but you think the market may fall over the next month. Portfolio Value $ 1 million Portfolio's Beta 0.

Use the information presented in Northeastern Mutual Bank's balance sheet to answer the following questions.

In The Wealth of Nations, Adam Smith discussed what has come to be known as the "diamond and water paradox" "Nothing is more useful than water: but it will purchase scarce anything; scarce anything can be had in exchange for it.