40. What is a typical Day of Arrival (DOA) and pattern for Special Corp customers?

1. Sunday through Wednesday
2. Monday through Thursday
3. Sunday through Thursday
4. Tuesday through Friday

41. What is the typical BMF that management companies get?

a. 3%

b. 5%

c. 2%

d. within 30 days they start getting 3%

42. On the STR report, if the development funnel/ pipeline is strong showing a lot of rooms are being developed what might it indicate?

a. Your brand is has strong preference

b. Owners Priority is being made occasional across the portfolio

c. Owners Priority is being made more quickly than other hotel’s mgt. companies’ brands

d. a and c

42.   When driving sales, revenue management in a group hotel should shrink the hotel by adding great groups, as far out as reasonably possible, know based on history what the cross over goal should be, as long as the groups have what?

a. The right number of customers

b. The right average rate

c. The largest total spend possible

d. The use the banquet and outlet space occasionally

43. If a hotel has a lot of great group room nights on the books in years out, it also allows revenue management to do what important strategy?

a. Open discounts

b. Close out discounts

c. Close out all corporate, association, and other group.

d. focus on driving transient higher rates

Please give answers of the following questions:

1. What are the strengths and limitations of using estimates of total economic value to

develop environment policy recommendations? How does your answer relate to your

worldview (anthropocentric or ecocentric)?

2. Do you think contingent valuation should be widely used as a tool for developing environmental policy recommendations? What do you think is the main strength of CV?

What do you think is its main weakness?

3. Suppose that you are asked to conduct a cost-benefit study of a proposed coal-fired

power plant. The plant will be built on the outskirts of a residential area and will emit a

certain volume of pollutants. It will require a substantial amount of water for its cooling

system. Industries in the region argue that the additional power is urgently needed, but

local residents oppose construction. How would you evaluate social and environmental

costs and weigh them against economic benefits?

4. As mentioned in the text, under U.S. law federal agencies must use cost-benefit analysis to evaluate major policy proposals. Do you agree with this requirement, in particular for environmental policies? How much weight do you believe should be given to the results of cost-benefit analyses when making policy decisions? Discuss how economic, health, and environmental criteria should be balanced in formulating regulations.

5. Suppose that the government of a developing country is considering the establishment of a national park in a scenic forested area. Local opposition arises from those who wish to use the forest land for timbering and agriculture. But the national park would draw both local and foreign visitors as tourists. Could cost-benefit analysis aid the decision on whether to establish the park? What factors would you consider, and how would you measure their economic value?

6. In what respects is “natural capital” similar to human-made capital, and in what respects does it differ? We often speak of a “return to capital,” meaning the stream of income generated by a capital investment. Can we speak of a return to natural capital? What are examples of investment in natural capital? Who is motivated to make such investments? Who would suffer if such investments were not made, or if “disinvestment” occurs due to resource depletion or environmental degradation?

7. Is the concept of optimal scale for an economy useful? If so, how would you go about

determining it? Do you think that economies such as those in the United States, Europe,

and Japan have reached optimal scale? Exceeded it? How about the economies of Latin America, Asia, and Africa? How would you relate the concept of optimal scale in the global economy to economic growth in national economies at different levels of development?

8. Distinguish the concepts of strong and weak sustainability, and give some practical examples, other than those cited in the text, for their application. Where is each concept most appropriate? Which economic policy measures are relevant to achieving sustainability?

You are given the sample mean and the population standard deviation. Use this information to construct the​ 90% and​ 95% confidence intervals for the population mean. Interpret the results and compare the widths of the confidence intervals.

A random sample of 35 home theater systems has a mean price of ​$125.00.  Assume the population standard deviation is ​$19.60

Question: Analysis and Design Models: What's the Difference?

With the analysis phase behind us, reflect on the models built for the Theater project. How are they different from the models you plan on using during the design phase. Explain the differences in your own words. Next, find an article and/or video to share with the class on the subject.  

Database:

Our AD is Movie Theater.
Create an ER diagram with the following entities: Staff, Ticket, Movie, Session, Hall, Seat, Director, Actor, Distributor, and Roles. AND also identify the type of relations between the entities with notations and explain why you used it.

**Read the question carefully before you answer**

The table below shows the total cost and marginal cost for Chrissy's Costumes, a perfectly competitive firm producing different quantities of children's costumes. The market price of costumes is $15.00.

     Chrissy's Costs of Production

Instructions: Enter your answers as a whole number.

a. If the market price is $15.00 per costume, how many costumes should Chrissy's Costumes make?

      costumes

b. If the market price for costumes falls to $12.00 per costume, how many costumes should Chrissy's Costumes make now?

       costumes

the average total cost curve and the average variable cost curve get

A.closer and closer as output​ increases, because the

average total cost

curve is

declining.

B.farther and farther apart as output​ increases, because the average variable cost curve is

rising.

C.

closer and closer as output​ increases, because the average fixed cost curve is declining.

D.farther and farther apart as output​ increases, because the

average total cost

curve is

rising.

E.closer and closer as output​ increases, because the average variable cost curve is

rising.

Suppose that the inverse demand function, marginal revenue, marginal cost and total cost for a gizmo product produced by a monopolist are as follows:

P = 100 - 2Q

MR = 100 - 4Q

MC = 2

TC = 10 + 2Q

a. Find the monopolist's profit-maximizing output and price.

b. calculate the monopolist's profit/losses, if any.

c. What is the Lerner Index for this industry.

The graph shows the marginal cost and average total cost curves for a perfectly competitive firm. The horizontal axis measures output in thousands of units per year, from 0 to 50, increasing by 10. The vertical axis measures the revenue and cost in dollars per unit, from 0 to $25, increasing by $5. The graph shows two U-shaped curves, labeled MC and ATC. The minimum point of the ATC curve corresponds to an output of 30 and a cost of 10. The minimum point of the MC curve corresponds to an output of 15 and a cost of $4.50. The MC curve starts below the ATC curve. The upward-sloping portion of the MC curve intersects the ATC curve at its minimum point. The combinations of output and cost along the MC curve are (10, 5), (20, 5), (30, 10), and (40, 20). The combinations of output and cost along the ATC curve are (10, 22), (20, 12), (30, 10), (40, 13), and (50, 24). The above figure shows a perfectly competitive firm. If the market price is​ $15, the firm A. is making zero economic profit. B. is incurring an economic loss. C. might shut down but more information is needed about the AVC. D. is making an economic profit. E. will immediately shut down. Please answer before 12am...it's the cut-off time

Where do the marginal cost curve and average total cost curve meet?