A manager's operation currently has an average sale per guest of $9.00. For the upcoming accounting period, the manager predicts 8,000 guests will be served at a check average 5% higher than the current average sale per guest. What will be this manager's revenue forecast for the upcoming period? 1. $72,000, 2. $75,600, 3. $79,200, 4. $82,800.

Even before the pandemic, bicycle supply chains were strained. Why was this? Check all that apply. Falling barriers increase the bargaining power of business firms by decreasing the incomes of consumers. Many bikes are made in China, and former President Trump's high tariff rate forced manufacturers to find alternate production locations. O Making bikes is still an artisanal process, so craft bike makers could not keep up with the demand. Americans prefer to drive gas trucks rather than bike.

Price ($) 1000 500 300 0 300 500 Supply Demand What is the total cost of producing 300 iPads? 1000 Quantity

What does the high transaction costs associated with a barter system refer to?

assume that a firm has a monopoly power in the product market and faces perfect competition in the factor market. if the price elasticity of demand for the product of the firm is -4 and the VMPL is 40, then, the MRPL is?

Imagine a firm with a marginal abatement cost (MAC) function equal to: MAC = 25 - 5E. The government introduces a cap-and-trade policy and grandfathers the firm 2 permits initially.  Assuming the market price of permits is $5, the firm will spend a total of $___ in order to buy permits.

Solve step by step please If ? = −0.5? + 450 is a demand equation, where ? is the price of the good and ? is the quantity of product demanded, find the marginal revenue function and interpret.

If the demand for pizza falls, pizza suppliers will suffer economic losses and some firms will leave the industry. Why is this considered good? Shouldn't we feel sorry for these business owners?