According to an article in the wall street journal, unlike airlines, even elite hotels don't have sophisticated systems that can react quickly to changes in demand. even if they could, many hoteliers say people don't respond that much to lower rates. 'we've tested this, cutting our rates by $50 per night, and we didn't see an appreciable response in occupancy,' says jim, a vice president for on the information above the demand for hotel rooms
a. is income elastic
b. is income inelastic
c. is price elastic
d. is price inelastic

What’s the best type of healthcare plan

Guardian inc. is trying to develop an asset-financing plan. the firm has $450,000 in temporary current assets and $350,000 in permanent current assets. guardian also has $550,000 in fixed assets. assume a tax rate of 40 percent. a. construct two alternative financing plans for guardian. one of the plans should be conservative, with 70 percent of assets financed by long-term sources, and the other should be aggressive, with only 56.25 percent of assets financed by long-term sources. the current interest rate is 12 percent on long-term funds and 7 percent on short-term financing. compute the annual interest payments under each plan.

Someone knows the answer i need in the exam