Mysunshine hotel is a chain with 10 identical hotels which operate 365 days a year. the chain invested $200m to purchase land for these hotels and $100m to build and furnish them. each hotel has108 rooms and charges and average price of 166 per night. each operating material cost for each hotel is $1m. on top of that, each hotel is staffed with 78 employees; each paid $50,000 a year on average. the number of hotel employees has a direct effect on hotel occupancy in the following way: hotel occupancy rate=0.01 x number of employeesdefine the return on invested capital as the ratio of the profits (per year) and the invested capital. what is the roic? ( keep 4 decimal places, not in percentage)

Consider the market for gasoline. suppose that, in a competitive market without government regulations, the equilibrium price of gasoline is $3.00 per gallon, and employees at gas stations earn $17.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect the government has instituted a legal minimum price of $3.40 per gallon for gasoline. the government prohibits gas stations from selling gasoline for more than $3.40 per gallon. due to new regulations, gas stations that would like to pay better wages in order to hire more workers are prohibited from paying more than $14.50 per hour.