A privately owned summer camp for youngsters has the following data for a 12-week session: Charge per camper $480 per week Fixed costs $192,000 per session Variable cost per camper $320 per week Capacity $200 per week Develop the mathematical relationships for total cost and total revenue What is the total number of campers that will allow the camp to just break even

Which of the following mechanisms would be most likely to motivate managers to act in the best interests of shareholders? a) decrease the use of restrictive covenants in bond agreements, b) take actions that reduce the possibility of a hostile takeover, c) elect a board of directors that allows managers greater freedom of action, d) increase the proportion of executive compensation that comes from stock options and reduce the proportion that is paid as cash salaries, e) eliminate a requirement that members of the board directors have a substantial investment in the firm's stocks

Which of the following is a problem for the production of public goods?

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.