During the last weekend, I went to a hotel that has 120 rooms. The price of the rooms per day was $ 150. In that location a new tax per room has been established of $15 per room, per day. With that tax the hotel, established a price of $ 160. The manager calculates that the quantity of occupied rooms fell 10%.
Questions:
a. Which is the price elasticity?
b. Which is the tax revenue for the town?
c. How much of that revenue is paid by the hotel and the consumer?
d. Draw two Supply-Demand graphs: one with the situation before the tax, and another after the tax.
Answer in at least 150 words. must provide references
Recommended: Watch these videos before answering.
Kahn Academy. Taxes and elastic demand. https://youtu.be/z1yJPpGC3-o
Kahn Academy. Taxes and Inelastic Demand. https://youtu.be/lsn16U5DWD4
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Hospitality Class Discussion
/in Uncategorized /by developerHere need 2 discussion, each discussion need more than 100 words.
1.One major challenge in marketing is to add value to customer experience. Discuss one reason why we need to do so; support your argument with one effective approach you are familiar with or have experienced.
2.After reading Chapters 1, 2, and 3, discuss one “cool thing” (something you find valuable from both the theoretical and practical perspectives) and one “hot thing” (something you find difficult to comprehend).
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Hospitality Hotel Is A Luxury Hotel That Whose Guests Are Mostly Business Travel
/in Uncategorized /by developerHospitality Hotel is a luxury hotel that whose guests are mostly business travelers. To improve its quality of service, it has decided to install network connections in each of its 600 guest rooms and 12 conference meeting rooms. All guests and employee should have connection the internet as well.
Your task is to design the network for the public network and decide how to connect the two networks together. Be sure to include a diagram. Clearly indicate whether you would use switches, routers or gateway.
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Hospitalization Is Required For This Patient For Stabilization And Treatment Of
/in Uncategorized /by developerHospitalization is required for this patient for stabilization and treatment of both the hypocalcemia and the exacerbation of his disease. At discharge orders, include oral calcium supplements and/or a diet high in calcium.
Discuss alternative dietary choices for the patient who states, “I don’t like milk products. I am lactose intolerant.
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Hosts A And B Are Connected By Two Intervening Routers All Intervening Links Hav
/in Uncategorized /by developerHosts A and B are connected by two intervening routers. All intervening links have speeds of 10 bps. That is:
A –10bps–>Router—10bps–>Router–10bps–>B
Suppose A wants to send a 10,000 bit packet to B. How long will it take:
a. Without store-and-forward approach (unrealistic)
b. With store-and-forward approach (realistic).
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Hotel Cost Graph
/in Uncategorized /by developerDuring the last weekend, I went to a hotel that has 120 rooms. The price of the rooms per day was $ 150. In that location a new tax per room has been established of $15 per room, per day. With that tax the hotel, established a price of $ 160. The manager calculates that the quantity of occupied rooms fell 10%.
Questions:
a. Which is the price elasticity?
b. Which is the tax revenue for the town?
c. How much of that revenue is paid by the hotel and the consumer?
d. Draw two Supply-Demand graphs: one with the situation before the tax, and another after the tax.
Answer in at least 150 words. must provide references
Recommended: Watch these videos before answering.
Kahn Academy. Taxes and elastic demand. https://youtu.be/z1yJPpGC3-o
Kahn Academy. Taxes and Inelastic Demand. https://youtu.be/lsn16U5DWD4
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Hotel Has Annual Fixed Costs Applicable To Room Of 9 2 Million For Its 600 Room
/in Uncategorized /by developerHOTEL HAS ANNUAL FIXED COSTS APPLICABLE TO ROOM OF $9.2 MILLION FOR ITS 600 ROOM HOTEL AVERAGE DAILY ROOM RATES OF $105 AND AVERAGE VARIABLE COST OF $25 DAILY FOR EACH ROOM RENTED. OPERATES 365 DAYS PER YEAR HOTEL IS SUBJECT TO AN INCOME TAX RATE OF 40%.1. HOW MANY ROOMS MUST THE HOTEL RENT TO EARN A NET INCOME AFTER TAXES OF $720,000? OF $360,000?2. COMPUTE THE BREAK-EVEN POINT IN NUMBER OF ROOMS RENTED. WHAT PERCENTAGE OCCUPANCY FOR THE YEAR IS NEEDED TO BREAK EVEN?3. ASSUME THAT THE VOLUME LEVEL OF ROOMS SOLD IS 150,000. THE MANAGER IS WONDERING HOW MUCH INCOME COULD BE GENERATED BY ADDING SALES OF 15,000 ROOMS. COMPUTE THE ADDITIONAL NET INCOME AFTER TAX.
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Hotel Rooms In Radnor Pa Go For 100 A Day And 1 000 Rooms Are Rented Per Day To
/in Uncategorized /by developerHotel Rooms in Radnor, PA go for $100 a day and 1,000 rooms are rented per day. To raise revenue, the Township Manager decides to charge a hotel tax of $10 per rented room. After the tax is imposed, the going rate for a hotel room is $108 ( the hotel decides to become efficient and not pass on the entire tax to the customer) and the number of rooms rented falls to 900.Calculate: The amount of revenue this tax raises for Radnor.The Township Manager then decides to double the tax to $20 per room. The hotel now charges $116 per room and the number of rentals per day falls to 800. Calculate: The amount of revenue this tax raises at the price of $116 per room. Does the tax double the revenue, more than double or less than double in the second example.
Hotel Rooms in Radnor, PA go for $100 a day and 1,000 rooms are rented per day. Toraise revenue, the Township Manager decides to charge a hotel tax of $10 per rentedroom. After the tax is…
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Hotfoot Shoes Would Like To Maintain Its Cash Account At A Minimum Level Of 35 0
/in Uncategorized /by developerHotFoot Shoes would like to maintain its cash account at a minimum level of $35,000, but expects the standard deviation in net daily cash flows to be $5,000, the effective annual rate on marketable securities to be 7.5 percent per year, and the trading cost per sale or purchase of marketable securities to be $300 per transaction.
What will be its optimal cash return point?
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Hottenstein Griffith And Hult Attorneys At Law Do A Great Deal Of Printing The F
/in Uncategorized /by developerHottenstein, Griffith, and Hult, attorneys at law, do a great deal of printing. The firm uses a single type of printer with annual demand for print cartridges of 480 per year. The order cost is $15 per order, and carrying cost of $35 per cartridge. a. How many print cartridges should the firm order at one time? b. What is the time between orders?For question 3 part b please use this formula for TBO = (Quantity/Demand) * 52 (weeks in a year).
Concept:Economic order quantity is the order quantity that minimizes total inventory carrying costsand ordering costs. A firm can order maximum economic order quantity at one time. Economicorder…
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Hough When I Try To Run My Code With The Wordgamedriver The Lines With Hw4io Giv
/in Uncategorized /by developerThis is what I have so far though when I try to run my code with the WordGameDriver the lines with HW4IO gives me an issue? can you fix and explain why i my be having this issue?
package hw4;import java.util.ArrayList; {
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