Alocal video store estimates its average customer's demand per year is q = 7 − 2p, and it knows the marginal cost of each rental is $0.5. what is the annual profit that the video store expects to make on an average customer if it engages in optimal two-part pricing?

When an interest-bearing note comes due and is uncollectible, the journal entry includes debiting

The management of a private investment club has a fund of $250,000 earmarked for investment in stocks. to arrive at an acceptable overall level of risk, the stocks that management is considering have been classified into three categories: high risk (x), medium risk (y), and low risk (z). management estimates that high risk stocks will have a rate of return of 15%/year; medium risk stocks, 10%/year; and low risk stocks, 6%/year. the amount of money invested in low risk stocks is to be twice the sum of the amount invested in stocks of the other two categories. if the investment goal is to have a rate of return of 9% on the total investment, determine how much the club should invest in each type of stock. (assume that all the money available for investment is invested.)

Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning econ