Erin reinhardt and her friend carol newman have just arrived in the country bologna for a summer holiday.
while renting a car on their first day in bologna they notice that the car rental rates are so much higher than rates back home.
carol says that in a matter of time, competition should drive prices down. erin feels that the market for car rentals is probably competitive enough; it could just be the high cost of operations in boloni that are responsible for the high prices.

which of the following, if true, would weaken erin's argument that high costs are responsible for high prices?

a. the car rental industry in boloni is valued at $50 million.
b. most households in boloni own at least one car.
c. after global oil prices increased, the government of boloni decided to ration the quantity of gasoline sold.
d. only 3 firms account for almost 88 percent of the car rental market.
e. most of the growth in the car rental industry comes from the high-value rentals of luxury cars.

The federal act which provided over $7 billion to the epa to protect and promote "green" jobs and a healthier environment is the - national environmental policy act. - resource recovery act.- resource conservation and recovery act.- american recovery and reinvestment act. - clean air act.

Exercise 18-15 sheffield appliance center is an experienced home appliance dealer. sheffield appliance center also offers a number of services for the home appliances that it sells. assume that sheffield appliance center sells ovens on a standalone basis. sheffield appliance center also sells installation services and maintenance services for ovens. however, sheffield appliance center does not offer installation or maintenance services to customers who buy ovens from other vendors. pricing for ovens is as follows. oven only $790 oven with installation service 850 oven with maintenance services 970 oven with installation and maintenance services 990 in each instance in which maintenance services are provided, the maintenance service is separately priced within the arrangement at $180. additionally, the incremental amount charged by sheffield appliance center for installation approximates the amount charged by independent third parties. ovens are sold subject to a general right of return. if a customer purchases an oven with installation and/or maintenance services, in the event sheffield appliance center does not complete the service satisfactorily, the customer is only entitled to a refund of the portion of the fee that exceeds $790. assume that a customer purchases an oven with both installation and maintenance services for $990. (b) indicate the amount of revenue that should be allocated to the oven, the installation, and to the maintenance contract.

Pederson company reported the following: manufacturing costs $480,000 units manufactured 8,000 units sold 7,500 units sold for $90 per unit beginning inventory 2,000 units what is the average manufacturing cost per unit? (round the answer to the nearest dollar.)