Nofly corporation sells three different models of a mosquito “zapper.” model a12 sells for $58 and has variable costs of $44. model b22 sells for $107 and has variable costs of $81. model c124 sells for $415 and has variable costs of $309. the sales mix of the three models is a12, 59%; b22, 30%; and c124, 11%. what is the weighted-average unit contribution margin? (round answer to 2 decimal places, e. g. 15.50.) weighted-average unit contribution margin $

Recently, verizon wireless ran a pricing trial in order to estimate the elasticity of demand for its services. the manager selected three states that were representative of its entire service area and increased prices by 5 percent to customers in those areas. one week later, the number of customers enrolled in verizon's cellular plans declined 4 percent in those states, while enrollments in states where prices were not increased remained flat. the manager used this information to estimate the own-price elasticity of demand and, based on her findings, immediately increased prices in all market areas by 5 percent in an attempt to boost the company's 2016 annual revenues. one year later, the manager was perplexed because verizon's 2016 annual revenues were 10 percent lower than those in 2015"the price increase apparently led to a reduction in the company's revenues. did the manager make an error? yes - the one-week measures show demand is inelastic, so a price increase will decrease revenues. yes - the one-week measures show demand is elastic, so a price increase will reduce revenues. yes - cell phone elasticity is likely much larger in the long-run than the short-run. no - the cell phone market must have changed between 2011 and 2012 for this price increase to lower revenues.

Acoase solution to a problem of externality ensures that a socially efficient outcome is to

1. is the act of declaring a drivers license void and terminated when it is determined that the license was issued through error or fraud.