Consider the market for a breakfast cereal. The cereal's price is initially $3.403.40 and 6666 thousand boxes are demanded per week. The company that produces the cereal is considering raising the price to $3.903.90. At that price, consumers would demand 6161 thousand boxes of cereal per week. What is the price elasticity of demand these prices using the midpoint?

Maia wants to have a career in quality assurance. which best lists the qualifications she may need to succeed in this career? a.knowledge of cad, mechanical and electrical knowledge, and logic b.ability to use lab equipment, operate computers, and examine evidence c.financial skills, dependability, and dexterity for physical labor d.math skills, physical strength, and ability to use tools and machinery

Diamond motor car company produces some of the most luxurious and expensive cars in the world. typically, only a single dealership is authorized to sell its cars in certain major cities. in less populous areas, diamond authorizes a single dealer for an entire state or region. the manufacturer of diamond automobiles is using a(n) distribution strategy for its product.

Alpine west, inc., operates a downhill ski area near lake tahoe, california. an all-day, adult ticket can be purchased for $55. adult customers also can purchase a season pass that entitles the pass holder to ski any day during the season, which typically runs from december 1 through april 30. the season pass is nontransferable, and the $450 price is nonrefundable. alpine expects its season pass holders to use their passes equally throughout the season. the company’s fiscal year ends on december 31. on november 6, 2009, jake lawson purchased a season ticket. required: 1. when should alpine west recognize revenue from the sale of its season passes? 2. prepare the appropriate journal entries that alpine would record on november 6 and december 31. 3. what will be included in the 2009 income statement and 2009 balance sheet related to the sale of the season pass to jake lawson?