If average household income increases by 10%, from $50,000 to $55,000 per year, the quantity of rooms demanded at the peacock (falls, rises) from rooms per night to per night. therefore, the income elasticity of demand is (negative, positive) , meaning that hotel rooms at the peacock are (a normal good, an inferior good) .if the price of a room at the grandiose were to decrease by 10%, from $250 to $225, while all other demand factors remain at their initial values, the quantity of rooms demanded at the peacock (falls, rises) per night per night. because the cross-price elasticity of demand is (negative, positive), hotel rooms at the peacock and hotel rooms at the grandiose are (complements, substitutes) .peacock is debating decreasing the price of its rooms to $175 per night. under the initial demand conditions, you can see that this would cause its total revenue to (decrease, increase) . decreasing the price will always have this effect on revenue when peacock is operating on the (elastic, inelastic) portion of its demand curve.

Needs to schedule the staffing of the center. it is open from 8am until midnight. larry has monitored the usage of the center at various times of the day and determined that the following number of computer consultants are required: time of dayminimum number of consultants required to be on duty8 am-noon4noon-4 pm84pm-8pm108pm-midnight6 two types of computer consultants can be hired: full-time and part-time. the full- time consultants work for eight consecutive hours in any of the shifts: morning (8am- 4pm), afternoon (noon-8pm) and evening (4pm-midnight). full-time consultants are paid $14 per hour. part-time consultants can be hired to work any of the four shifts listed in the table. part-time consultants are paid $12 per hour. an additional requirement is that during every time period, there must be at least two full-time consultants on duty for every part-time consultant on duty. larry would like to determine how many full-time and part-time consultants should work each shift to meet the above requirements at the minimum possible cost. formulate this as an lp problem. you must define your variables clearly

4. the condition requires that only one of the selected criteria be true for a record to be displayed.

Which statement best defines tuition? tuition is federal money awarded to a student. tuition is aid given to a student by an institution. tuition is money borrowed to pay for an education. tuition is the price of attending classes at a school.