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1. Briefly discuss the two problems that arise when considering the resource use in travel and tourism.
2. Why are the rewards for resource use in tourism often low? List and discuss various reasons.
Business Economics, Economics
A sample of 184 randomly selected students, found that the proportion of students planning to travel home for Thanksgiving is 0.69. What is the standard deviation of the sampling deviation?
Consider a machine with exponential reliability model. Assume that the breakdown rate is 1 and the repair rate is 2. Calculate the probability that the machine is up for more than 10 units of time. Calculate the probabil ...
a) How can use the criteria for evaluating alternative methods of government finance to assess the most important revenue proposals of the 2018/19 budget. b) In the case tax is most important revenue proposals of the 201 ...
Some economics textbooks refer to the factors of production as follows: Land, Labor, Capital, and Entrepreneurship. Why does Peter Klein say that it is inaccurate to include entrepreneurship as one of the factors? Explai ...
The first part of the question is how do you determine if a data set is normally distributed? The second part of the question is what is the Z score and how is that related to the distribution.
Can someone help me determine how 11.07 was obtained? In order to determine the Chi-Square Critical for the Chi-Square. You need to find out the Degrees of Freedom (DF) DF = (Number of Rows - 1 * Number of Columns - 1) ...
When Nespresso as a brand 'took over the world' What do you think that happened with coffee sales in HM and SM? Was Nespresso's model of own stores 'killing' the sales of coffee in Hyper and Supermarkets?
Thirty-five percent of teens buy soda (pop) at least once each week. Eleven kids are randomly selected. The random variable represents the number of these kids who purchase soda (pop) at least once each week. For this to ...
Suppose Oregon proposes indexing the minimum wage to inflation. Describe the substitution and scale effects you anticipate with this policy? (In your response, assume that the minimum wage is an effective price floor and ...
Fully explain at least one reason why many developing countries suffered serious debt crisis in the early 1980s. Does this reason you explained in debt support Krueger & Srinivasan's argument? Why or why not? How could t ...
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Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate
Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p
Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As
Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int
Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As