Residents of mill river have fond memories of ice skating at a local park. an artist has captured the experience in a drawing and is hoping to reproduce it and sell framed copies to current and former residents. he thinks that if the market is good he can sell 500 copies of the elegant version at $120 each. if the market is not good, he will sell only 400 at $100 each. he can make a deluxe version of the same drawing instead. he feels that if the market is good he can sell 600 copies of the deluxe version at $100 each. if the market is not good, he will sell only 500 copies at $60 each. in either case, production costs will be approximately $35 comma 000. he can also choose to do nothing at this time. if he believes there is a 40% probability of a good market, what should he do

Fill in the missing words to correctly complete each sentence about analyzing a job posting. when reviewing a job posting, it’s important to check theto determine whether it’s worth your time to apply. if the post has been up for a while or it’s already closed, move on to the next position. if it’s still available, take note of when it closes so you’ll know when you mayfrom the company in regard to an interview.

Consider an economy where government expenditures are 10 and total tax revenues are 10. the supply of labor is fixed at 125 and the supply of capital is fixed at 8. the economy is described by the following equations. y k to the power of 1 divided by 3 end exponent l to the power of 2 divided by 3 end exponent c 2.5 + 0.75 ( y - t ) i 10 - 0.5 r the level of private savings is

Horace society is planning its annual western fair raceway gala. the gala committee has assembled the following expected costs for the event: dinner (per person) $10 gaming token and program (per person) $2 prize payouts $4,300 tickets and advertising $800 private box suite rental $1,700 lottery licenses $200 the committee members would like to charge $40 per person for the evening’s activities.required: 1. what is the break-even point for the dinner-dance (in terms of the number of persons who must attend)? 2. assume that last year only 200 persons attended the dinner-dance. if the same number attend this year, what price per ticket must be charged in order to break even? 3. refer to the original data ($40 ticket price per person). prepare a cvp graph for the dinner- dance from zero tickets up to 600 tickets sold.