When a certain bicycle is sold for $177, a bike shop sells 300 bicycles per week and the elasticity of demand is =−0.333. When the price of the bicycles increases from $177 to $212, the percent change in price is 19.77%. What is the percent change in revenue for the bike shop? radioImage a) 24% radioImage b) -12% radioImage c) -8.9% radioImage d) 12%

The following information is for alex corp: product x: revenue $12.00 variable cost $4.50 product y: revenue $44.50 variable cost $9.50 total fixed costs $75,000 what is the breakeven point assuming the sales mix consists of two units of product x and one unit of product y?

Leon and sara are arguing over when the best time is to degrease soup. leon says that it's easiest to degrease soup when it's boiling. sara says it's easiest to degrease soup when it's cold. who is correct? a. neither leon nor sara is correct. b. leon is correct. c. both leon and sara are correct. d. sara is correct. student b   incorrect which following answer correct?

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.