To examine pricing decisions regarding your new gutter-cleaner (a nozzle that attaches to a hose and allows you to clean out gutters from the ground), suppose you survey 1000 consumers selected at random. To each consumer, you exhibit the product. For 500 consumers you offer the product at $20, for the other 500, you offer the product at $25. The results are that 250 of the $25 consumers buy and 300 of the $20 consumers buy. Suppose your marginal costs of production are $5 per cleaner.
(a) What price would you charge? Be sure to consider prices other than $20 and $25. You can assume that the demand curve is linear. (Note: you do not need a computer to perform "regression" analysis here – with these two observed points, you should be able to manually compute the slope and intercept of the demand curve you are facing)
(b) Would you want to do additional consumer surveys? Why or why not?

Why is following an unrelated diversification strategy especially advantageous in an emerging economy? a. it allows the conglomerate to overcome institutional weaknesses in emerging economies. b. it allows the conglomerate to form a monopoly in emerging economies. c. it allows the conglomerate to use well-defined legal systems in emerging economies. d. it allows the conglomerate to take advantage of strong capital markets in emerging economies.

John and daphne are saving for their daughter ellen's college education. ellen just turned 10 at (t = 0), and she will be entering college 8 years from now (at t = 8). college tuition and expenses at state u. are currently $14,500 a year, but they are expected to increase at a rate of 3.5% a year. ellen should graduate in 4 years--if she takes longer or wants to go to graduate school, she will be on her own. tuition and other costs will be due at the beginning of each school year (at t = 8, 9, 10, and 11).so far, john and daphne have accumulated $15,000 in their college savings account (at t = 0). their long-run financial plan is to add an additional $5,000 in each of the next 4 years (at t = 1, 2, 3, and 4). then they plan to make 3 equal annual contributions in each of the following years, t = 5, 6, and 7. they expect their investment account to earn 9%. how large must the annual payments at t = 5, 6, and 7 be to cover ellen's anticipated college costs? a. $1,965.21b. $2,068.64c. $2,177.51d. $2,292.12e. $2,412.76

The adjusted trial balance for china tea company at december 31, 2018, is presented below: